31, MILL LANE, BARNHAM, THETFORD, IP24 2NG - £148,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 MILL LANE is a very small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £309,113. It was last sold for £148,000 in December 2003, which was around 31% below the average December 2003 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was A.

31 MILL LANE Sold Prices

Land registry data shows two sales for 31 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 West Suffolk local authority area for the corresponding sale date. Both of the two 31 MILL LANE 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
2003 19 DEC	£148,000	£215,703	31% below HPI
2003 16 JUL	£125,000	£213,901	42% below HPI

31 MILL LANE 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 31 MILL LANE sales from July 2003 and December 2003 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 July 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2003 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 31 MILL LANE be worth now?

31 MILL LANE might now be worth an estimated £309,113.

This is based on house price inflation of 108.9%, between December 2003 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108.9% inflationary increase is applied to the most recent sale price for 31 MILL LANE of £148,000 on 19th December 2003. For the value to have increased from £148,000 to £309,113 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 MILL LANE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The December 2003 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MILL LANE has not materially changed since December 2003.

How Large is 31 MILL LANE?

31 MILL LANE is 82m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Barnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnham, and where 31 MILL LANE lies on this distribution: 14% of detached houses houses are smaller than 31 MILL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Barnham.

31 MILL LANE: Plot and Title Map

31 MILL LANE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 31 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 31 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 31 MILL LANE?

31 MILL LANE is located in BARNHAM, in the IP24 postcode district. The below map shows the position of No. 31 on MILL LANE.