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

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 WAY is a small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £130,000 in November 2013, which was around 26% below the average November 2013 detached price in the Fenland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was E.

4 MILL WAY Sold Prices

Land registry data shows three sales for 4 MILL WAY 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 4 MILL WAY 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
2013 11 NOV	£130,000	£176,829	26% below HPI
2007 2 NOV	£135,000	£200,630	33% below HPI
2001 24 SEP	£72,500	£97,525	26% below HPI

4 MILL WAY 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 4 MILL WAY sales between September 2001 and November 2013 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 November 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2013 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 MILL WAY?

4 MILL WAY is 63m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses in Friday Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Friday Bridge, and where 4 MILL WAY lies on this distribution: 22% of detached houses are smaller than 4 MILL WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Friday Bridge.

4 MILL WAY: Plot and Title Map

4 MILL WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 4 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 4 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 4 MILL WAY?

4 MILL WAY is located in FRIDAY BRIDGE, in the PE14 postcode district. The below map shows the position of No. 4 on MILL WAY.