1, MILLSIDE, HALES, NORWICH, NR14 6SW - £273,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MILLSIDE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £273,000 in January 2024, which was around 32% below the average January 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

1 MILLSIDE Sold Prices

Land registry data shows two sales for 1 MILLSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 1 MILLSIDE 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
2024 26 JAN	£273,000	£402,375	32% below HPI
2003 31 OCT	£152,000	£199,367	24% below HPI

1 MILLSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 MILLSIDE sales from October 2003 and January 2024 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 October 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 MILLSIDE?

1 MILLSIDE is 112m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Hales, based on EPC data. The below chart shows the distribution of detached houses by size in Hales, and where 1 MILLSIDE lies on this distribution: 41% of detached houses are smaller than 1 MILLSIDE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hales.

1 MILLSIDE: Plot and Title Map

1 MILLSIDE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 1 MILLSIDE, 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 MILLSIDE). 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 MILLSIDE?

1 MILLSIDE is located in HALES, in the NR14 postcode district. The below map shows the position of No. 1 on MILLSIDE.