12, MILL ROAD, MATTISHALL, DEREHAM, NR20 3RN - £177,000

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.

12 MILL ROAD is a small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £301,909. It was last sold for £177,000 in February 2014, which was around 18% below the average February 2014 detached price in the Breckland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

12 MILL ROAD Sold Prices

Land registry data shows three sales for 12 MILL ROAD 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 12 MILL ROAD 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
2014 21 FEB	£177,000	£217,172	18% below HPI
2008 16 MAY	£175,000	£226,895	23% below HPI
2004 5 MAR	£145,000	£184,252	21% below HPI

12 MILL ROAD 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 12 MILL ROAD sales between March 2004 and February 2014 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 May 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 MILL ROAD be worth now?

12 MILL ROAD might now be worth an estimated £301,909.

This is based on house price inflation of 70.6%, between February 2014 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.6% inflationary increase is applied to the most recent sale price for 12 MILL ROAD of £177,000 on 21st February 2014. For the value to have increased from £177,000 to £301,909 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 12 MILL ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2014 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MILL ROAD has not materially changed since February 2014.

How Large is 12 MILL ROAD?

12 MILL ROAD is 84m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses houses in Mattishall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mattishall, and where 12 MILL ROAD lies on this distribution: 30% of detached houses houses are smaller than 12 MILL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Mattishall.

12 MILL ROAD: Plot and Title Map

12 MILL ROAD sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 12 MILL ROAD, 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 MILL ROAD). 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 MILL ROAD?

12 MILL ROAD is located in MATTISHALL, in the NR20 postcode district. The below map shows the position of No. 12 on MILL ROAD.