17, MILLFIELD, EYE, IP23 7DE - £282,500

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.

17 MILLFIELD is a small extended detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £329,394. It was last sold for £282,500 in October 2020, which was around 28% below the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

17 MILLFIELD Sold Prices

Land registry data shows three sales for 17 MILLFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 17 MILLFIELD 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
2020 29 OCT	£282,500	£390,933	28% below HPI
2004 16 JAN	£182,500	£215,430	15% below HPI
1997 20 FEB	£81,000	£85,411	5% below HPI

17 MILLFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 17 MILLFIELD sales between February 1997 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 January 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 17 MILLFIELD be worth now?

17 MILLFIELD might now be worth an estimated £329,394.

This is based on house price inflation of 16.6%, between October 2020 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 17 MILLFIELD of £282,500 on 29th October 2020. For the value to have increased from £282,500 to £329,394 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 MILLFIELD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2020 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 17 MILLFIELD has not materially changed since October 2020.

How Large is 17 MILLFIELD?

17 MILLFIELD is 100m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Eye, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eye, and where 17 MILLFIELD lies on this distribution: 31% of detached houses houses are smaller than 17 MILLFIELD, and 67% of houses are larger. Note that EPC data is not available for all properties in Eye.

17 MILLFIELD: Plot and Title Map

17 MILLFIELD sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 17 MILLFIELD, 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 17 MILLFIELD). 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 17 MILLFIELD?

17 MILLFIELD is located in EYE, in the IP23 postcode district. The below map shows the position of No. 17 on MILLFIELD.