5, MILL ROAD, HENHAM, BISHOP'S STORTFORD, CM22 6AD - £350,000

5 MILL ROAD is a very small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £350,000 in March 2019, which was around 42% below the average March 2019 detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

5 MILL ROAD Sold Prices

Land registry data shows six sales for 5 MILL ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the six 5 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
2019 19 MAR	£350,000	£599,602	42% below HPI
2003 16 JUN	£200,000	£326,083	39% below HPI
1998 30 NOV	£108,500	£179,103	39% below HPI
1997 9 MAY	£97,000	£146,235	34% below HPI
1995 8 SEP	£27,500	£128,448	79% below HPI
1995 4 JUL	£18,000	£132,305	86% below HPI

5 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The six 5 MILL ROAD sales between July 1995 and March 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 June 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 MILL ROAD?

5 MILL ROAD is 96m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Henham, based on EPC data. The below chart shows the distribution of detached houses by size in Henham, and where 5 MILL ROAD lies on this distribution: 13% of detached houses are smaller than 5 MILL ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Henham.

5 MILL ROAD: Plot and Title Map

5 MILL ROAD sits on a plot of roughly 0.047 of an acre, or 188m². The below map shows the location of 5 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 5 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 5 MILL ROAD?

5 MILL ROAD is located in HENHAM, in the CM22 postcode district. The below map shows the position of No. 5 on MILL ROAD.