29, MILLWAY, WYMONDHAM, NR18 0JP - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 MILLWAY is a midsized extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £372,974. It was last sold for £315,000 in October 2020, which was around 15% below the average October 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

29 MILLWAY Sold Prices

Land registry data shows three sales for 29 MILLWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 29 MILLWAY sales were for below 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
2020 13 OCT	£315,000	£371,688	15% below HPI
2016 15 SEP	£310,000	£320,780	3% below HPI
2005 11 NOV	£162,500	£232,783	30% below HPI

29 MILLWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 29 MILLWAY sales between November 2005 and October 2020 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 September 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 29 MILLWAY be worth now?

29 MILLWAY might now be worth an estimated £372,974.

This is based on house price inflation of 18.4%, between October 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 29 MILLWAY of £315,000 on 13th October 2020. For the value to have increased from £315,000 to £372,974 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 29 MILLWAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MILLWAY has not materially changed since October 2020.

How Large is 29 MILLWAY?

29 MILLWAY is 108m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 29 MILLWAY lies on this distribution: 52% of detached houses houses are smaller than 29 MILLWAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

29 MILLWAY: Plot and Title Map

29 MILLWAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 29 MILLWAY, 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 29 MILLWAY). 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 29 MILLWAY?

29 MILLWAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 29 on MILLWAY.