3, MILL WAY, FRIDAY BRIDGE, WISBECH, PE14 0HZ - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MILL WAY is a small semi-detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £231,236. It was last sold for £130,000 in August 2012, which was around 13% above the average August 2012 semi-detached price in the Fenland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

3 MILL WAY Sold Prices

Land registry data shows two sales for 3 MILL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Both of the two 3 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
2012 28 AUG	£130,000	£115,306	13% above HPI
2012 16 JAN	£120,000	£115,093	4% above HPI

3 MILL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The two 3 MILL WAY sales from January 2012 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 January 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2012 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 MILL WAY be worth now?

3 MILL WAY might now be worth an estimated £231,236.

This is based on house price inflation of 77.9%, between August 2012 and December 2024, for semi-detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.9% inflationary increase is applied to the most recent sale price for 3 MILL WAY of £130,000 on 28th August 2012. For the value to have increased from £130,000 to £231,236 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 MILL WAY has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The August 2012 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL WAY has not materially changed since August 2012.

How Large is 3 MILL WAY?

3 MILL WAY is 65m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of semi-detached houses houses in Friday Bridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Friday Bridge, and where 3 MILL WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 3 MILL WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Friday Bridge.

3 MILL WAY: Plot and Title Map

3 MILL WAY sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 3 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 3 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 3 MILL WAY?

3 MILL WAY is located in FRIDAY BRIDGE, in the PE14 postcode district. The below map shows the position of No. 3 on MILL WAY.