28, MILL ROAD, LAKENHEATH, BRANDON, IP27 9DU - £235,000

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

28 MILL ROAD is a very large extended detached house of 152m², built sometime between 1996 and 2002. It was last sold for £235,000 in August 2014, which was around 22% below the average August 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

28 MILL ROAD Sold Prices

Land registry data shows two sales for 28 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 28 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
2014 22 AUG	£235,000	£300,317	22% below HPI
2004 22 OCT	£192,000	£238,352	19% below HPI

28 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 28 MILL ROAD sales from October 2004 and August 2014 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 28 MILL ROAD?

28 MILL ROAD is 152m², which includes one extension, according to the EPC inspection conducted in June 2009. 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 28 MILL ROAD lies on this distribution: 90% of detached houses are smaller than 28 MILL ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

28 MILL ROAD: Plot and Title Map

28 MILL ROAD sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 28 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 28 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 28 MILL ROAD?

28 MILL ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 28 on MILL ROAD.