16, MILLCROFT, SOHAM, ELY, CB7 5AP - £205,000

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.

16 MILLCROFT is a very small extended terraced house of 68m², built sometime before 1900, which could now be worth an estimated £250,074. It was last sold for £205,000 in October 2018, which was around 8% below the average October 2018 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

16 MILLCROFT Sold Prices

Land registry data shows five sales for 16 MILLCROFT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. Most of the five 16 MILLCROFT 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
2018 18 OCT	£205,000	£221,836	8% below HPI
2012 6 JUL	£146,500	£148,434	1% below HPI
2006 10 APR	£132,500	£135,279	2% below HPI
2002 21 MAY	£89,000	£93,106	4% below HPI
1997 27 NOV	£53,000	£50,381	5% above HPI

16 MILLCROFT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The five 16 MILLCROFT sales between November 1997 and October 2018 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 July 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 MILLCROFT be worth now?

16 MILLCROFT might now be worth an estimated £250,074.

This is based on house price inflation of 22%, between October 2018 and April 2026, for terraced houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 16 MILLCROFT of £205,000 on 18th October 2018. For the value to have increased from £205,000 to £250,074 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 16 MILLCROFT has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The October 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILLCROFT has not materially changed since October 2018.

How Large is 16 MILLCROFT?

16 MILLCROFT is 68m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of terraced houses houses in Soham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Soham, and where 16 MILLCROFT lies on this distribution: 5% of terraced houses houses are smaller than 16 MILLCROFT, and 94% of houses are larger. Note that EPC data is not available for all properties in Soham.

16 MILLCROFT: Plot and Title Map

16 MILLCROFT sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 16 MILLCROFT, 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 16 MILLCROFT). 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 16 MILLCROFT?

16 MILLCROFT is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 16 on MILLCROFT.