38, MILL VIEW CLOSE, WOODBRIDGE, IP12 4HR - £460,000

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

38 MILL VIEW CLOSE is a very large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £460,000 in October 2022, which was around 5% above the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

38 MILL VIEW CLOSE Sold Prices

Land registry data shows two sales for 38 MILL VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 38 MILL VIEW CLOSE sales was for above the average price, whilst the other was 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
2022 25 OCT	£460,000	£439,903	5% above HPI
2014 5 SEP	£250,000	£282,904	12% below HPI

38 MILL VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 38 MILL VIEW CLOSE sales from September 2014 and October 2022 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 September 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 38 MILL VIEW CLOSE?

38 MILL VIEW CLOSE is 183m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 38 MILL VIEW CLOSE lies on this distribution: 81% of detached houses are smaller than 38 MILL VIEW CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

38 MILL VIEW CLOSE: Plot and Title Map

38 MILL VIEW CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 38 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 38 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 38 MILL VIEW CLOSE?

38 MILL VIEW CLOSE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 38 on MILL VIEW CLOSE.