8, MILL PARK, WAYMILLS, WHITCHURCH, SY13 1PB - £275,000

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

8 MILL PARK is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £275,000 in May 2019, which was around 11% below the average May 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

8 MILL PARK Sold Prices

Land registry data shows three sales for 8 MILL PARK since 1^st 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. Two of the three 8 MILL PARK sales were for below the average price, whilst one was 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
2019 2 MAY	£275,000	£307,675	11% below HPI
2017 26 APR	£257,000	£291,427	12% below HPI
2005 14 SEP	£262,500	£243,997	8% above HPI

8 MILL PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 8 MILL PARK sales between September 2005 and May 2019 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 April 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 MILL PARK?

8 MILL PARK is 132m² according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Whitchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Whitchurch, and where 8 MILL PARK lies on this distribution: 72% of detached houses are smaller than 8 MILL PARK, and 28% of houses are larger. Note that EPC data is not available for all properties in Whitchurch.

8 MILL PARK: Plot and Title Map

8 MILL PARK sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 8 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 8 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.

Where is 8 MILL PARK?

8 MILL PARK is located in WAYMILLS, in the SY13 postcode district. The below map shows the position of No. 8 on MILL PARK.