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

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.

20 MILL LANE is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £419,641. It was last sold for £335,000 in May 2020, which was around 13% 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	£295,715	13% above HPI
2016 14 NOV	£297,500	£283,113	5% above HPI
2014 30 MAY	£220,000	£230,154	4% below HPI
1999 13 MAY	£85,000	£80,866	5% 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 20 MILL LANE be worth now?

20 MILL LANE might now be worth an estimated £419,641.

This is based on house price inflation of 25.3%, between May 2020 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 25.3% inflationary increase is applied to the most recent sale price for 20 MILL LANE of £335,000 on 12th May 2020. For the value to have increased from £335,000 to £419,641 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 20 MILL LANE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MILL LANE has not materially changed since May 2020.

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 houses in Carbrooke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carbrooke, and where 20 MILL LANE lies on this distribution: 27% of detached houses 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.