40, MILL LANE, STETCHWORTH, NEWMARKET, CB8 9TR - £360,000

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.

40 MILL LANE is a very small extended detached house of 101m², built sometime between 1900 and 1929, which could now be worth an estimated £395,655. It was last sold for £360,000 in March 2022, which was around 18% below the average March 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

40 MILL LANE Sold Prices

Land registry data shows one sale for 40 MILL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 MAR	£360,000	£439,285	18% below HPI

What might 40 MILL LANE be worth now?

40 MILL LANE might now be worth an estimated £395,655.

This is based on house price inflation of 9.9%, between March 2022 and April 2026, for detached 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 9.9% inflationary increase is applied to the most recent sale price for 40 MILL LANE of £360,000 on 28th March 2022. For the value to have increased from £360,000 to £395,655 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 40 MILL LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MILL LANE has not materially changed since March 2022.

How Large is 40 MILL LANE?

40 MILL LANE is 101m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Stetchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Stetchworth, and where 40 MILL LANE lies on this distribution: 19% of detached houses are smaller than 40 MILL LANE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Stetchworth.

40 MILL LANE: Plot

40 MILL LANE sits on a plot of roughly 0.089 of an acre, or 360m².

Where is 40 MILL LANE?

40 MILL LANE is located in STETCHWORTH, in the CB8 postcode district.