1, MILL ROAD, MURROW, WISBECH, PE13 4HF - £240,000

1 MILL ROAD is a midsized extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £240,000 in August 2022, which was around 24% below the average August 2022 detached price in the Fenland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

1 MILL ROAD Sold Prices

Land registry data shows five sales for 1 MILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 1 MILL ROAD 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
2022 5 AUG	£240,000	£317,822	24% below HPI
2017 1 DEC	£188,000	£243,808	23% below HPI
2014 1 AUG	£140,000	£189,300	26% below HPI
2002 22 NOV	£105,000	£129,484	19% below HPI
1997 17 JUL	£51,000	£58,407	13% below HPI

1 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The five 1 MILL ROAD sales between July 1997 and August 2022 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 December 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 MILL ROAD?

1 MILL ROAD is 99m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Murrow, based on EPC data. The below chart shows the distribution of detached houses by size in Murrow, and where 1 MILL ROAD lies on this distribution: 41% of detached houses are smaller than 1 MILL ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Murrow.

1 MILL ROAD: Plot and Title Map

1 MILL ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 1 MILL ROAD, 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 1 MILL ROAD). 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 1 MILL ROAD?

1 MILL ROAD is located in MURROW, in the PE13 postcode district. The below map shows the position of No. 1 on MILL ROAD.