14, MILL LANE, BRISTON, MELTON CONSTABLE, NR24 2JG - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 MILL LANE is a very large extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £320,000 in June 2016, which was around 6% above the average June 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

14 MILL LANE Sold Prices

Land registry data shows four sales for 14 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 14 MILL LANE sales were for above 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
2016 20 JUN	£320,000	£301,014	6% above HPI
2012 23 JAN	£285,000	£249,407	14% above HPI
2007 27 JUL	£290,000	£244,032	19% above HPI
2006 11 SEP	£275,000	£234,191	17% above HPI

14 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 14 MILL LANE sales between September 2006 and June 2016 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 January 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 14 MILL LANE?

14 MILL LANE is 156m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses in Briston, based on EPC data. The below chart shows the distribution of detached houses by size in Briston, and where 14 MILL LANE lies on this distribution: 80% of detached houses are smaller than 14 MILL LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Briston.

14 MILL LANE: Plot and Title Map

14 MILL LANE sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 14 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 14 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 14 MILL LANE?

14 MILL LANE is located in BRISTON, in the NR24 postcode district. The below map shows the position of No. 14 on MILL LANE.