44, MILL ROAD, ROYSTON, SG8 7AE - £300,000

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.

44 MILL ROAD is a very small terraced house of 48m², built sometime before 1900, which could now be worth an estimated £338,773. It was last sold for £300,000 in August 2021, which was around 9% below the average August 2021 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

44 MILL ROAD Sold Prices

Land registry data shows five sales for 44 MILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. Most of the five 44 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
2021 11 AUG	£300,000	£331,343	9% below HPI
2018 1 JUN	£281,500	£317,429	11% below HPI
2015 8 MAY	£252,000	£249,477	1% above HPI
2010 16 APR	£174,995	£198,422	12% below HPI
1999 10 DEC	£74,500	£83,898	11% below HPI

44 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Hertfordshire local authority area over time, sourced from the HPI. The five 44 MILL ROAD sales between December 1999 and August 2021 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 June 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 44 MILL ROAD be worth now?

44 MILL ROAD might now be worth an estimated £338,773.

This is based on house price inflation of 12.9%, between August 2021 and May 2026, for terraced houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 44 MILL ROAD of £300,000 on 11th August 2021. For the value to have increased from £300,000 to £338,773 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 44 MILL ROAD has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The August 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 44 MILL ROAD has not materially changed since August 2021.

How Large is 44 MILL ROAD?

44 MILL ROAD is 48m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of terraced houses houses in Royston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royston, and where 44 MILL ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 44 MILL ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Royston.

44 MILL ROAD: Plot and Title Map

44 MILL ROAD sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 44 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 44 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 44 MILL ROAD?

44 MILL ROAD is located in ROYSTON, in the SG8 postcode district. The below map shows the position of No. 44 on MILL ROAD.