2, MILLSIDE, STANSTED, CM24 8BL - £590,000

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.

2 MILLSIDE is a small extended terraced house of 122m², built sometime between 1900 and 1929, which could now be worth an estimated £674,873. It was last sold for £590,000 in January 2019, which was around 90% above the average January 2019 terraced price in the Uttlesford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

2 MILLSIDE Sold Prices

Land registry data shows three sales for 2 MILLSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Uttlesford local authority area for the corresponding sale date. Two of the three 2 MILLSIDE sales were for above the average price, whilst one was 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 14 JAN	£590,000	£310,554	90% above HPI
2014 11 JUL	£273,100	£252,696	8% above HPI
1995 16 JUN	£56,000	£65,802	15% below HPI

2 MILLSIDE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Uttlesford local authority area over time, sourced from the HPI. The three 2 MILLSIDE sales between June 1995 and January 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 July 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2019 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 2 MILLSIDE be worth now?

2 MILLSIDE might now be worth an estimated £674,873.

This is based on house price inflation of 14.4%, between January 2019 and April 2026, for terraced houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.4% inflationary increase is applied to the most recent sale price for 2 MILLSIDE of £590,000 on 14th January 2019. For the value to have increased from £590,000 to £674,873 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 MILLSIDE has moved in line with the HPI for terraced houses in the Uttlesford local authority area.
• The January 2019 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLSIDE has not materially changed since January 2019.

How Large is 2 MILLSIDE?

2 MILLSIDE is 122m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of terraced houses houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stansted Mountfitchet, and where 2 MILLSIDE lies on this distribution: 33% of terraced houses houses are smaller than 2 MILLSIDE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 MILLSIDE: Plot and Title Map

2 MILLSIDE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 2 MILLSIDE, 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 2 MILLSIDE). 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 2 MILLSIDE?

2 MILLSIDE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 2 on MILLSIDE.