28, MILL LANE, STETCHWORTH, NEWMARKET, CB8 9TR - £715,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 MILL LANE is a very large extended detached house of 293m², built sometime between 1991 and 1995. It was last sold for £715,000 in September 2006, which was around 203% above the average September 2006 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

28 MILL LANE Sold Prices

Land registry data shows two sales for 28 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 28 MILL LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 27 SEP	£715,000	£235,866	203% above HPI
2005 30 MAR	£580,000	£218,773	165% above HPI

28 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 28 MILL LANE sales from March 2005 and September 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2005 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the September 2006 sale, where it rises to 203% above the HPI. The line then continues to track at 203% above the HPI.

How Large is 28 MILL LANE?

28 MILL LANE is 293m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Stetchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Stetchworth, and where 28 MILL LANE lies on this distribution: 97% of detached houses are smaller than 28 MILL LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Stetchworth.

28 MILL LANE: Plot and Title Map

28 MILL LANE sits on a plot of roughly 2.6 acres, or 10,368m². The below map shows the location of 28 MILL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 28 MILL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 28 MILL LANE?

28 MILL LANE is located in STETCHWORTH, in the CB8 postcode district. The below map shows the position of No. 28 on MILL LANE.