16, MILL FIELD, ALDEBURGH, IP15 5LL - £350,000

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

16 MILL FIELD is a very small detached house of 42m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2020, which was around 6% below the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

16 MILL FIELD Sold Prices

Land registry data shows two sales for 16 MILL FIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 16 MILL FIELD sales was for below the average price, whilst the other was 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
2020 1 OCT	£350,000	£373,131	6% below HPI
1995 15 SEP	£83,750	£73,256	14% above HPI

16 MILL FIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 16 MILL FIELD sales from September 1995 and October 2020 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 September 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 MILL FIELD?

16 MILL FIELD is 42m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Aldeburgh, and where 16 MILL FIELD lies on this distribution: 1% of detached houses are smaller than 16 MILL FIELD, and 99% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

16 MILL FIELD: Plot and Title Map

16 MILL FIELD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 16 MILL FIELD, 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 16 MILL FIELD). 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 16 MILL FIELD?

16 MILL FIELD is located in ALDEBURGH, in the IP15 postcode district. The below map shows the position of No. 16 on MILL FIELD.