4, MILLFIELD ROAD, MARKET DEEPING, PETERBOROUGH, PE6 8AD - £740,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MILLFIELD ROAD is a very large extended detached house of 245m², built sometime between 1950 and 1966, which could now be worth an estimated £832,311. It was last sold for £740,000 in September 2021, which was around 128% above the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2016, where the current energy rating was A, and the potential energy rating was A.

4 MILLFIELD ROAD Sold Prices

Land registry data shows two sales for 4 MILLFIELD ROAD 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 Kesteven local authority area for the corresponding sale date. Both of the two 4 MILLFIELD ROAD 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
2021 30 SEP	£740,000	£324,215	128% above HPI
2014 19 JUN	£350,000	£222,961	57% above HPI

4 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 4 MILLFIELD ROAD sales from June 2014 and September 2021 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 2014 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2021 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

What might 4 MILLFIELD ROAD be worth now?

4 MILLFIELD ROAD might now be worth an estimated £832,311.

This is based on house price inflation of 12.5%, between September 2021 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.5% inflationary increase is applied to the most recent sale price for 4 MILLFIELD ROAD of £740,000 on 30th September 2021. For the value to have increased from £740,000 to £832,311 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 MILLFIELD ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2021 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLFIELD ROAD has not materially changed since September 2021.

How Large is 4 MILLFIELD ROAD?

4 MILLFIELD ROAD is 245m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Deeping, and where 4 MILLFIELD ROAD lies on this distribution: 98% of detached houses houses are smaller than 4 MILLFIELD ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

4 MILLFIELD ROAD: Plot and Title Map

4 MILLFIELD ROAD sits on a plot of roughly 0.395 of an acre, or 1,600m². The below map shows the location of 4 MILLFIELD 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 4 MILLFIELD 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 4 MILLFIELD ROAD?

4 MILLFIELD ROAD is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 4 on MILLFIELD ROAD.