3, MILL VIEW CLOSE, WOODBRIDGE, IP12 4HR - £248,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MILL VIEW CLOSE is a very small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £331,585. It was last sold for £248,000 in January 2017, which was around 21% above the average January 2017 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

3 MILL VIEW CLOSE Sold Prices

Land registry data shows two sales for 3 MILL VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 3 MILL VIEW CLOSE sales were 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
2017 23 JAN	£248,000	£204,358	21% above HPI
2013 19 APR	£177,500	£158,423	12% above HPI

3 MILL VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 3 MILL VIEW CLOSE sales from April 2013 and January 2017 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 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 3 MILL VIEW CLOSE be worth now?

3 MILL VIEW CLOSE might now be worth an estimated £331,585.

This is based on house price inflation of 33.7%, between January 2017 and December 2024, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.7% inflationary increase is applied to the most recent sale price for 3 MILL VIEW CLOSE of £248,000 on 23rd January 2017. For the value to have increased from £248,000 to £331,585 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 3 MILL VIEW CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The January 2017 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL VIEW CLOSE has not materially changed since January 2017.

How Large is 3 MILL VIEW CLOSE?

3 MILL VIEW CLOSE is 77m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of semi-detached houses houses in Woodbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Woodbridge, and where 3 MILL VIEW CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 MILL VIEW CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

3 MILL VIEW CLOSE: Plot and Title Map

3 MILL VIEW CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 3 MILL VIEW CLOSE, 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 VIEW CLOSE). 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 VIEW CLOSE?

3 MILL VIEW CLOSE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 3 on MILL VIEW CLOSE.