161, MILL LANE, BRADWELL, GREAT YARMOUTH, NR31 8HS - £181,000

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.

161 MILL LANE is a small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £305,681. It was last sold for £181,000 in August 2012, which was around 6% below the average August 2012 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

161 MILL LANE Sold Prices

Land registry data shows two sales for 161 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. Both of the two 161 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
2012 24 AUG	£181,000	£192,185	6% below HPI
1996 11 DEC	£60,000	£63,915	6% below HPI

161 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 161 MILL LANE sales from December 1996 and August 2012 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 December 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2012 sale, which was also at 6% below the HPI.

What might 161 MILL LANE be worth now?

161 MILL LANE might now be worth an estimated £305,681.

This is based on house price inflation of 68.9%, between August 2012 and February 2025, for detached houses, in the Great Yarmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.9% inflationary increase is applied to the most recent sale price for 161 MILL LANE of £181,000 on 24th August 2012. For the value to have increased from £181,000 to £305,681 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 161 MILL LANE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The August 2012 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 161 MILL LANE has not materially changed since August 2012.

How Large is 161 MILL LANE?

161 MILL LANE is 84m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradwell, and where 161 MILL LANE lies on this distribution: 26% of detached houses houses are smaller than 161 MILL LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

161 MILL LANE: Plot and Title Map

161 MILL LANE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 161 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 161 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 161 MILL LANE?

161 MILL LANE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 161 on MILL LANE.