3, MILL HILL, COTTON, STOWMARKET, IP14 4RT - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MILL HILL is a very small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £250,000 in July 2014, which was around 14% below the average July 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

3 MILL HILL Sold Prices

Land registry data shows two sales for 3 MILL HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 3 MILL HILL 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
2014 15 JUL	£250,000	£289,270	14% below HPI
1998 8 DEC	£99,000	£98,377	1% above HPI

3 MILL HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 3 MILL HILL sales from December 1998 and July 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 December 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 MILL HILL?

3 MILL HILL is 111m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Cotton, based on EPC data. The below chart shows the distribution of detached houses by size in Cotton, and where 3 MILL HILL lies on this distribution: 16% of detached houses are smaller than 3 MILL HILL, and 84% of houses are larger. Note that EPC data is not available for all properties in Cotton.

3 MILL HILL: Plot and Title Map

3 MILL HILL sits on a plot of roughly 0.267 of an acre, or 1,079m². The below map shows the location of 3 MILL HILL, 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 3 MILL HILL). 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 3 MILL HILL?

3 MILL HILL is located in COTTON, in the IP14 postcode district. The below map shows the position of No. 3 on MILL HILL.