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

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 ROAD is a very large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £305,000 in February 2019, which was around 19% 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	£376,580	19% below HPI
2005 11 APR	£182,500	£225,738	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2019 sale, which was also at 19% below the HPI.

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 in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 20 MILL ROAD lies on this distribution: 85% of detached 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.