28, MILL WAY, OTLEY, LS21 1FE - £595,000

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 WAY is a very large detached house of 172m². It was last sold for £595,000 in July 2021, which was around 59% above the average July 2021 detached price in the Leeds local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was B.

28 MILL WAY Sold Prices

Land registry data shows two sales for 28 MILL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 28 MILL WAY 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
2021 16 JUL	£595,000	£373,974	59% above HPI
2016 27 MAY	£519,995	£290,885	79% above HPI

28 MILL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 28 MILL WAY sales from May 2016 and July 2021 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 May 2016 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the July 2021 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 28 MILL WAY?

28 MILL WAY is 172m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where 28 MILL WAY lies on this distribution: 89% of detached houses are smaller than 28 MILL WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Otley.

28 MILL WAY: Plot and Title Map

28 MILL WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 28 MILL WAY, 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 WAY). 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 WAY?

28 MILL WAY is located in OTLEY, in the LS21 postcode district. The below map shows the position of No. 28 on MILL WAY.