31, MILL ROAD, ASHLEY, NEWMARKET, CB8 9EE - £925,000

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

31 MILL ROAD is a very large detached house of 253m², built sometime between 2007 and 2011. It was last sold for £925,000 in September 2022, which was around 106% above the average September 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

31 MILL ROAD Sold Prices

Land registry data shows three sales for 31 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 East Cambridgeshire local authority area for the corresponding sale date. Two of the three 31 MILL ROAD sales were for above the average price, whilst one was 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
2022 2 SEP	£925,000	£449,404	106% above HPI
2008 26 JUN	£585,000	£246,121	138% above HPI
2006 12 JUN	£190,000	£229,055	17% below HPI

31 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 three 31 MILL ROAD sales between June 2006 and September 2022 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 June 2008 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the September 2022 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 31 MILL ROAD?

31 MILL ROAD is 253m² according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where 31 MILL ROAD lies on this distribution: 94% of detached houses are smaller than 31 MILL ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Ashley.

31 MILL ROAD: Plot and Title Map

31 MILL ROAD sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 31 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 31 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 31 MILL ROAD?

31 MILL ROAD is located in ASHLEY, in the CB8 postcode district. The below map shows the position of No. 31 on MILL ROAD.