3, MILL ROAD, MURROW, WISBECH, PE13 4HF - £135,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MILL ROAD is a large extended detached house of 136m², built sometime between 1991 and 1995. It was last sold for £135,000 in August 2012, which was around 22% below the average August 2012 detached price in the Fenland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

3 MILL ROAD Sold Prices

Land registry data shows three sales for 3 MILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 3 MILL ROAD 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
2012 17 AUG	£135,000	£173,455	22% below HPI
2007 20 APR	£143,000	£193,262	26% below HPI
1997 2 MAY	£49,995	£58,651	15% below HPI

3 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 3 MILL ROAD sales between May 1997 and August 2012 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 April 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 MILL ROAD?

3 MILL ROAD is 136m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses in Murrow, based on EPC data. The below chart shows the distribution of detached houses by size in Murrow, and where 3 MILL ROAD lies on this distribution: 73% of detached houses are smaller than 3 MILL ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Murrow.

3 MILL ROAD: Plot and Title Map

3 MILL ROAD sits on a plot of roughly 0.057 of an acre, or 231m². 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 MURROW, in the PE13 postcode district. The below map shows the position of No. 3 on MILL ROAD.