12, MILLS DRIVE, CORTON, LOWESTOFT, NR32 5JB - £190,000

12 MILLS DRIVE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £190,000 in September 2017, which was around 45% below the average September 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

12 MILLS DRIVE Sold Prices

Land registry data shows three sales for 12 MILLS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 12 MILLS DRIVE 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
2017 20 SEP	£190,000	£345,448	45% below HPI
2004 28 JAN	£129,000	£201,094	36% below HPI
2001 30 OCT	£70,000	£141,875	51% below HPI

12 MILLS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 12 MILLS DRIVE sales between October 2001 and September 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 January 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 12 MILLS DRIVE?

12 MILLS DRIVE is 67m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Corton, based on EPC data. The below chart shows the distribution of detached houses by size in Corton, and where 12 MILLS DRIVE lies on this distribution: 11% of detached houses are smaller than 12 MILLS DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Corton.

12 MILLS DRIVE: Plot and Title Map

12 MILLS DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 12 MILLS DRIVE, 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 12 MILLS DRIVE). 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 12 MILLS DRIVE?

12 MILLS DRIVE is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 12 on MILLS DRIVE.