20, MILL ROAD, LAKENHEATH, BRANDON, IP27 9DU - £305,000

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 ROAD is a very large extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £360,218. It was last sold for £305,000 in February 2019, which was around 20% below the average February 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

20 MILL ROAD Sold Prices

Land registry data shows two sales for 20 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 West Suffolk local authority area for the corresponding sale date. Both of the two 20 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
2019 1 FEB	£305,000	£381,457	20% below HPI
2005 11 APR	£182,500	£228,661	20% below HPI

20 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 20 MILL ROAD sales from April 2005 and February 2019 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 April 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2019 sale, which was also at 20% below the HPI.

What might 20 MILL ROAD be worth now?

20 MILL ROAD might now be worth an estimated £360,218.

This is based on house price inflation of 18.1%, between February 2019 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 20 MILL ROAD of £305,000 on 1st February 2019. For the value to have increased from £305,000 to £360,218 over the six years to February 2025, the following assumptions must hold true:

• The value of 20 MILL ROAD has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MILL ROAD has not materially changed since February 2019.

How Large is 20 MILL ROAD?

20 MILL ROAD is 137m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lakenheath, and where 20 MILL ROAD lies on this distribution: 85% of detached houses houses are smaller than 20 MILL ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

20 MILL ROAD: Plot and Title Map

20 MILL ROAD sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 20 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 20 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 20 MILL ROAD?

20 MILL ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 20 on MILL ROAD.