THE MILL HOUSE, BRAINTREE ROAD, WETHERSFIELD, BRAINTREE, CM7 4AQ - £1,000,000

THE MILL HOUSE is a large extended detached house of 144m², built sometime before 1900. It was last sold for £1,000,000 in June 2020, which was around 110% above the average June 2020 detached price in the Braintree local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was C.

THE MILL HOUSE Sold Prices

Land registry data shows two sales for THE MILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two THE MILL HOUSE sales were for above 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
2020 29 JUN	£1,000,000	£475,764	110% above HPI
1995 24 FEB	£275,000	£94,564	191% above HPI

THE MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two THE MILL HOUSE sales from February 1995 and June 2020 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 February 1995 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the June 2020 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is THE MILL HOUSE?

THE MILL HOUSE is 144m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Shalford, based on EPC data. The below chart shows the distribution of detached houses by size in Shalford, and where THE MILL HOUSE lies on this distribution: 63% of detached houses are smaller than THE MILL HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Shalford.

THE MILL HOUSE: Plot and Title Map

THE MILL HOUSE sits on a plot of roughly 2.3 acres, or 9,122m². The below map shows the location of THE MILL HOUSE, 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 THE MILL HOUSE). 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 THE MILL HOUSE?

THE MILL HOUSE is located on BRAINTREE ROAD in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of THE MILL HOUSE on BRAINTREE ROAD.