4, MILL MEWS, 34, MILL HILL, NEWMARKET, CB8 0JB - £325,000

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

4 MILL MEWS is a midsized detached house of 115m². It was last sold for £325,000 in February 2017, which was around 9% below the average February 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was B, and the potential energy rating was B.

4 MILL MEWS Sold Prices

Land registry data shows two sales for 4 MILL MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 4 MILL MEWS 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
2017 17 FEB	£325,000	£357,323	9% below HPI
2012 23 OCT	£220,000	£269,728	18% below HPI

4 MILL MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 4 MILL MEWS sales from October 2012 and February 2017 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 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 MILL MEWS?

4 MILL MEWS is 115m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 4 MILL MEWS lies on this distribution: 50% of detached houses are smaller than 4 MILL MEWS, and 50% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

4 MILL MEWS: Plot and Title Map

4 MILL MEWS sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 4 MILL MEWS, 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 4 MILL MEWS). 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 4 MILL MEWS?

4, MILL MEWS is located on MILL HILL in NEWMARKET, in the CB8 postcode district. The below map shows the position of 4, MILL MEWS on MILL HILL.