3, MILL ROAD, ASHLEY, NEWMARKET, CB8 9EE - £385,000

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

3 MILL ROAD is a small detached house of 130m², built sometime between 1991 and 1995. It was last sold for £385,000 in November 2016, which was around 6% above the average November 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

3 MILL ROAD Sold Prices

Land registry data shows two sales for 3 MILL ROAD 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 3 MILL ROAD 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
2016 25 NOV	£385,000	£364,030	6% above HPI
2010 20 OCT	£276,000	£248,076	11% above HPI

3 MILL ROAD 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 3 MILL ROAD sales from October 2010 and November 2016 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 October 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 3 MILL ROAD?

3 MILL ROAD is 130m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where 3 MILL ROAD lies on this distribution: 37% of detached houses are smaller than 3 MILL ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Ashley.

3 MILL ROAD: Plot and Title Map

3 MILL ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 MILL ROAD, 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 3 MILL ROAD). 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 3 MILL ROAD?

3 MILL ROAD is located in ASHLEY, in the CB8 postcode district. The below map shows the position of No. 3 on MILL ROAD.