11, MILL LANE, THETFORD, IP24 3BZ - £120,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

11 MILL LANE is a very small semi-detached house of 74m², built sometime between 1996 and 2002. It was last sold for £120,000 in April 2011, which was around 40% below the average April 2011 detached price in the Breckland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

11 MILL LANE Sold Prices

Land registry data shows three sales for 11 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 11 MILL LANE 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
2011 8 APR	£120,000	£201,453	40% below HPI
2003 25 APR	£111,000	£162,625	32% below HPI
1995 3 FEB	£46,250	£68,360	32% below HPI

11 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 11 MILL LANE sales between February 1995 and April 2011 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 April 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 11 MILL LANE?

11 MILL LANE is 74m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 11 MILL LANE lies on this distribution: 9% of detached houses are smaller than 11 MILL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Thetford.

11 MILL LANE: Plot and Title Map

11 MILL LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 11 MILL LANE, 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 11 MILL LANE). 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 11 MILL LANE?

11 MILL LANE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 11 on MILL LANE.