25, MILL LANE, FELIXSTOWE, IP11 7RT - £245,000

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

25 MILL LANE is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £245,000 in July 2010, which was around 4% below the average July 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

25 MILL LANE Sold Prices

Land registry data shows two sales for 25 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 25 MILL LANE sales was for below the average price, whilst the other was 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
2010 16 JUL	£245,000	£254,374	4% below HPI
1997 23 MAY	£89,950	£79,476	13% above HPI

25 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 25 MILL LANE sales from May 1997 and July 2010 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 May 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2010 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 25 MILL LANE?

25 MILL LANE is 99m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 25 MILL LANE lies on this distribution: 39% of detached houses are smaller than 25 MILL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

25 MILL LANE: Plot and Title Map

25 MILL LANE sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 25 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 25 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 25 MILL LANE?

25 MILL LANE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 25 on MILL LANE.