12, MILL STREET, NECTON, SWAFFHAM, PE37 8EN - £258,000

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

12 MILL STREET is a very large extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £258,000 in August 2015, which was around 4% above the average August 2015 detached price in the Breckland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

12 MILL STREET Sold Prices

Land registry data shows four sales for 12 MILL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. two of the four 12 MILL STREET sales were for above the average price, and four 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
2015 26 AUG	£258,000	£247,696	4% above HPI
2005 11 NOV	£174,000	£200,916	13% below HPI
2002 3 SEP	£165,950	£150,552	10% above HPI
1998 9 DEC	£75,000	£78,023	4% below HPI

12 MILL STREET 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 four 12 MILL STREET sales between December 1998 and August 2015 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 November 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 12 MILL STREET?

12 MILL STREET is 126m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 12 MILL STREET lies on this distribution: 82% of detached houses are smaller than 12 MILL STREET, and 18% of houses are larger. Note that EPC data is not available for all properties in Necton.

12 MILL STREET: Plot and Title Map

12 MILL STREET sits on a plot of roughly 0.294 of an acre, or 1,191m². The below map shows the location of 12 MILL STREET, 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 STREET). 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 STREET?

12 MILL STREET is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 12 on MILL STREET.