5, MILLS CLOSE, BROADWAY, WR12 7RB - £755,000

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

5 MILLS CLOSE is a midsized extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £755,000 in December 2023, which was around 54% above the average December 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

5 MILLS CLOSE Sold Prices

Land registry data shows two sales for 5 MILLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two 5 MILLS CLOSE 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
2023 5 DEC	£755,000	£489,135	54% above HPI
2000 28 MAR	£261,950	£147,912	77% above HPI

5 MILLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 5 MILLS CLOSE sales from March 2000 and December 2023 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 2000 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the December 2023 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 5 MILLS CLOSE?

5 MILLS CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where 5 MILLS CLOSE lies on this distribution: 57% of detached houses are smaller than 5 MILLS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Broadway.

5 MILLS CLOSE: Plot and Title Map

5 MILLS CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 5 MILLS 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 MILLS 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 MILLS CLOSE?

5 MILLS CLOSE is located in BROADWAY, in the WR12 postcode district. The below map shows the position of No. 5 on MILLS CLOSE.