1, MILLFIELDS, PEASENHALL, SAXMUNDHAM, IP17 2LS - £200,000

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.

1 MILLFIELDS is a very small detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £248,935. It was last sold for £200,000 in April 2019, which was around 41% below the average April 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

1 MILLFIELDS Sold Prices

Land registry data shows two sales for 1 MILLFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 MILLFIELDS 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 12 APR	£200,000	£339,885	41% below HPI
1997 19 SEP	£50,000	£84,190	41% below HPI

1 MILLFIELDS 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 two 1 MILLFIELDS sales from September 1997 and April 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 September 1997 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2019 sale, which was also at 41% below the HPI.

What might 1 MILLFIELDS be worth now?

1 MILLFIELDS might now be worth an estimated £248,935.

This is based on house price inflation of 24.5%, between April 2019 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 1 MILLFIELDS of £200,000 on 12th April 2019. For the value to have increased from £200,000 to £248,935 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 1 MILLFIELDS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLFIELDS has not materially changed since April 2019.

How Large is 1 MILLFIELDS?

1 MILLFIELDS is 54m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Peasenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peasenhall, and where 1 MILLFIELDS lies on this distribution: Less than 1% of detached houses houses are smaller than 1 MILLFIELDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Peasenhall.

1 MILLFIELDS: Plot and Title Map

1 MILLFIELDS sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 1 MILLFIELDS, 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 1 MILLFIELDS). 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 1 MILLFIELDS?

1 MILLFIELDS is located in PEASENHALL, in the IP17 postcode district. The below map shows the position of No. 1 on MILLFIELDS.