6, MILLWAY, WYMONDHAM, NR18 0JP - £275,000

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.

6 MILLWAY is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £359,176. It was last sold for £275,000 in September 2017, which was around 18% below the average September 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

6 MILLWAY Sold Prices

Land registry data shows two sales for 6 MILLWAY 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 Norfolk local authority area for the corresponding sale date. Both of the two 6 MILLWAY 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 1 SEP	£275,000	£336,955	18% below HPI
2015 18 NOV	£185,000	£301,799	39% below HPI

6 MILLWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 6 MILLWAY sales from November 2015 and September 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 November 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 MILLWAY be worth now?

6 MILLWAY might now be worth an estimated £359,176.

This is based on house price inflation of 30.6%, between September 2017 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 6 MILLWAY of £275,000 on 1st September 2017. For the value to have increased from £275,000 to £359,176 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 MILLWAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MILLWAY has not materially changed since September 2017.

How Large is 6 MILLWAY?

6 MILLWAY is 69m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 6 MILLWAY lies on this distribution: 7% of detached houses houses are smaller than 6 MILLWAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

6 MILLWAY: Plot and Title Map

6 MILLWAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 6 MILLWAY, 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 6 MILLWAY). 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 6 MILLWAY?

6 MILLWAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 6 on MILLWAY.