27, MILLFIELD ROAD, BARNINGHAM, BURY ST EDMUNDS, IP31 1DX - £340,000

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

27 MILLFIELD ROAD is a large detached house of 131m², built sometime between 1976 and 1982. It was last sold for £340,000 in November 2020, which was around 15% below the average November 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

27 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 27 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three 27 MILLFIELD ROAD sales were for below the average price, whilst one 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
2020 23 NOV	£340,000	£401,632	15% below HPI
2006 2 JUN	£235,000	£243,208	3% below HPI
2000 12 MAY	£124,950	£123,085	2% above HPI

27 MILLFIELD 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 three 27 MILLFIELD ROAD sales between May 2000 and November 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 June 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 27 MILLFIELD ROAD?

27 MILLFIELD ROAD is 131m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Barningham, based on EPC data. The below chart shows the distribution of detached houses by size in Barningham, and where 27 MILLFIELD ROAD lies on this distribution: 69% of detached houses are smaller than 27 MILLFIELD ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Barningham.

27 MILLFIELD ROAD: Plot and Title Map

27 MILLFIELD ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 27 MILLFIELD 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 27 MILLFIELD 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 27 MILLFIELD ROAD?

27 MILLFIELD ROAD is located in BARNINGHAM, in the IP31 postcode district. The below map shows the position of No. 27 on MILLFIELD ROAD.