5, MILL CLOSE, MURROW, WISBECH, PE13 4HX - £132,500

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

5 MILL CLOSE is a small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £132,500 in March 2009, which was around 22% below the average March 2009 detached price in the Fenland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

5 MILL CLOSE Sold Prices

Land registry data shows four sales for 5 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 5 MILL CLOSE 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
2009 13 MAR	£132,500	£169,691	22% below HPI
2001 30 MAR	£70,000	£89,106	21% below HPI
1999 31 MAR	£53,000	£67,971	22% below HPI
1995 25 AUG	£50,000	£55,088	9% below HPI

5 MILL CLOSE 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 four 5 MILL CLOSE sales between August 1995 and March 2009 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 March 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2009 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 MILL CLOSE?

5 MILL CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses in Murrow, based on EPC data. The below chart shows the distribution of detached houses by size in Murrow, and where 5 MILL CLOSE lies on this distribution: 36% of detached houses are smaller than 5 MILL CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Murrow.

5 MILL CLOSE: Plot and Title Map

5 MILL CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 5 MILL CLOSE, 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 5 MILL CLOSE). 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 5 MILL CLOSE?

5 MILL CLOSE is located in MURROW, in the PE13 postcode district. The below map shows the position of No. 5 on MILL CLOSE.