18, MILL ROAD, FRETTENHAM, NORWICH, NR12 7LQ - £310,000

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.

18 MILL ROAD is a midsized extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £362,069. It was last sold for £310,000 in January 2021, which was around 15% below the average January 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

18 MILL ROAD Sold Prices

Land registry data shows two sales for 18 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 18 MILL ROAD 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
2021 4 JAN	£310,000	£362,636	15% below HPI
2001 30 JUL	£92,000	£131,120	30% below HPI

18 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 18 MILL ROAD sales from July 2001 and January 2021 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 July 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 18 MILL ROAD be worth now?

18 MILL ROAD might now be worth an estimated £362,069.

This is based on house price inflation of 16.8%, between January 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 18 MILL ROAD of £310,000 on 4th January 2021. For the value to have increased from £310,000 to £362,069 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 18 MILL ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MILL ROAD has not materially changed since January 2021.

How Large is 18 MILL ROAD?

18 MILL ROAD is 117m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Frettenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Frettenham, and where 18 MILL ROAD lies on this distribution: 49% of detached houses houses are smaller than 18 MILL ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Frettenham.

18 MILL ROAD: Plot and Title Map

18 MILL ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 18 MILL ROAD, 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 18 MILL ROAD). 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 18 MILL ROAD?

18 MILL ROAD is located in FRETTENHAM, in the NR12 postcode district. The below map shows the position of No. 18 on MILL ROAD.