4, OLD MILL ROAD, SAFFRON WALDEN, CB11 3ER - £380,000

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.

4 OLD MILL ROAD is a small extended semi-detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £470,201. It was last sold for £380,000 in August 2017, which was around 5% above the average August 2017 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

4 OLD MILL ROAD Sold Prices

Land registry data shows two sales for 4 OLD MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Uttlesford local authority area for the corresponding sale date. One of the two 4 OLD MILL ROAD sales was for above the average price, whilst the other 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
2017 25 AUG	£380,000	£362,878	5% above HPI
2010 28 MAY	£225,000	£239,037	6% below HPI

4 OLD MILL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 4 OLD MILL ROAD sales from May 2010 and August 2017 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 May 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 OLD MILL ROAD be worth now?

4 OLD MILL ROAD might now be worth an estimated £470,201.

This is based on house price inflation of 23.7%, between August 2017 and May 2026, for semi-detached 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 23.7% inflationary increase is applied to the most recent sale price for 4 OLD MILL ROAD of £380,000 on 25th August 2017. For the value to have increased from £380,000 to £470,201 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 4 OLD MILL ROAD has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The August 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD MILL ROAD has not materially changed since August 2017.

How Large is 4 OLD MILL ROAD?

4 OLD MILL ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of semi-detached houses houses in Saffron Walden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Saffron Walden, and where 4 OLD MILL ROAD lies on this distribution: 26% of semi-detached houses houses are smaller than 4 OLD MILL ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

4 OLD MILL ROAD: Plot and Title Map

4 OLD MILL ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 4 OLD 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 4 OLD 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 4 OLD MILL ROAD?

4 OLD MILL ROAD is located in SAFFRON WALDEN, in the CB11 postcode district. The below map shows the position of No. 4 on OLD MILL ROAD.