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
7 MILL PARK is a very small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £215,000 in February 2023, which was around 45% below the average February 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 MILL PARK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 7 MILL PARK 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 |
---|---|---|---|
2023 28 FEB | £215,000 | £394,297 | 45% below HPI |
2018 4 MAY | £175,000 | £296,692 | 41% below HPI |
2005 24 JUN | £172,500 | £234,992 | 27% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 7 MILL PARK sales between June 2005 and February 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 May 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
7 MILL PARK is 78m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses in Whitchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Whitchurch, and where 7 MILL PARK lies on this distribution: 11% of detached houses are smaller than 7 MILL PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in Whitchurch.
7 MILL PARK sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 7 MILL PARK, 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 7 MILL PARK). 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.
7 MILL PARK is located in WAYMILLS, in the SY13 postcode district. The below map shows the position of No. 7 on MILL PARK.