8, MILLS WAY, HUTTON, BRENTWOOD, CM13 2QN - £650,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 MILLS WAY is a small extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £733,487. It was last sold for £650,000 in October 2019, which was around 22% below the average October 2019 detached price in the Brentwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

8 MILLS WAY Sold Prices

Land registry data shows two sales for 8 MILLS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two 8 MILLS WAY 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
2019 31 OCT	£650,000	£833,403	22% below HPI
2019 9 SEP	£670,000	£835,391	20% below HPI

8 MILLS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 8 MILLS WAY sales from September 2019 and October 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 September 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 MILLS WAY be worth now?

8 MILLS WAY might now be worth an estimated £733,487.

This is based on house price inflation of 12.8%, between October 2019 and December 2024, for detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for 8 MILLS WAY of £650,000 on 31st October 2019. For the value to have increased from £650,000 to £733,487 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 MILLS WAY has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The October 2019 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILLS WAY has not materially changed since October 2019.

How Large is 8 MILLS WAY?

8 MILLS WAY is 124m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brentwood, and where 8 MILLS WAY lies on this distribution: 36% of detached houses houses are smaller than 8 MILLS WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

8 MILLS WAY: Plot and Title Map

8 MILLS WAY sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 8 MILLS WAY, 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 MILLS WAY). 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 MILLS WAY?

8 MILLS WAY is located in HUTTON, in the CM13 postcode district. The below map shows the position of No. 8 on MILLS WAY.