31, MILLWAY, WYMONDHAM, NR18 0JP - £187,000

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 MILLWAY is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £187,000 in July 2015, which was around 32% below the average July 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

31 MILLWAY Sold Prices

Land registry data shows two sales for 31 MILLWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 31 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
2015 13 JUL	£187,000	£276,945	32% below HPI
2002 5 JUL	£100,000	£161,784	38% below HPI

31 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 two 31 MILLWAY sales from July 2002 and July 2015 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 July 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 31 MILLWAY?

31 MILLWAY is 61m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 31 MILLWAY lies on this distribution: 4% of detached houses are smaller than 31 MILLWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

31 MILLWAY: Plot and Title Map

31 MILLWAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 31 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 31 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 31 MILLWAY?

31 MILLWAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 31 on MILLWAY.