20, MILL LANE, CARBROOKE, THETFORD, IP25 6TD - £335,000

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

20 MILL LANE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £335,000 in May 2020, which was around 14% above the average May 2020 detached price in the Breckland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

20 MILL LANE Sold Prices

Land registry data shows four sales for 20 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Most of the four 20 MILL LANE sales were 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 12 MAY	£335,000	£293,431	14% above HPI
2016 14 NOV	£297,500	£280,926	6% above HPI
2014 30 MAY	£220,000	£228,376	4% below HPI
1999 13 MAY	£85,000	£80,241	6% above HPI

20 MILL LANE 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 four 20 MILL LANE sales between May 1999 and May 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 November 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 20 MILL LANE?

20 MILL LANE is 102m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Carbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Carbrooke, and where 20 MILL LANE lies on this distribution: 27% of detached houses are smaller than 20 MILL LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Carbrooke.

20 MILL LANE: Plot and Title Map

20 MILL LANE sits on a plot of roughly 0.318 of an acre, or 1,285m². The below map shows the location of 20 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 20 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 20 MILL LANE?

20 MILL LANE is located in CARBROOKE, in the IP25 postcode district. The below map shows the position of No. 20 on MILL LANE.