2, MILLFIELD, ASHILL, THETFORD, IP25 7BQ - £230,000

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.

2 MILLFIELD is a midsized detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £260,657. It was last sold for £230,000 in September 2021, which was around 30% below the average September 2021 detached price in the Breckland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

2 MILLFIELD Sold Prices

Land registry data shows two sales for 2 MILLFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 2 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
2021 30 SEP	£230,000	£326,862	30% below HPI
1998 17 DEC	£69,350	£78,630	12% below HPI

2 MILLFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 2 MILLFIELD sales from December 1998 and September 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 December 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 MILLFIELD be worth now?

2 MILLFIELD might now be worth an estimated £260,657.

This is based on house price inflation of 13.3%, between September 2021 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 2 MILLFIELD of £230,000 on 30th September 2021. For the value to have increased from £230,000 to £260,657 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MILLFIELD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLFIELD has not materially changed since September 2021.

How Large is 2 MILLFIELD?

2 MILLFIELD is 90m² according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Ashill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashill, and where 2 MILLFIELD lies on this distribution: 57% of detached houses houses are smaller than 2 MILLFIELD, and 42% of houses are larger. Note that EPC data is not available for all properties in Ashill.

2 MILLFIELD: Plot and Title Map

2 MILLFIELD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 2 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 2 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 2 MILLFIELD?

2 MILLFIELD is located in ASHILL, in the IP25 postcode district. The below map shows the position of No. 2 on MILLFIELD.