4, MILLFIELD CLOSE, BLOFIELD, NORWICH, NR13 4QX - £400,000

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

4 MILLFIELD CLOSE is a midsized detached house of 110m², built sometime between 1991 and 1995. It was last sold for £400,000 in June 2021, which was around 11% above the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 MILLFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 MILLFIELD 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 Broadland local authority area for the corresponding sale date. Both of the two 4 MILLFIELD 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
2021 11 JUN	£400,000	£361,326	11% above HPI
1997 5 SEP	£100,000	£82,123	22% above HPI

4 MILLFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 4 MILLFIELD CLOSE sales from September 1997 and June 2021 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 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 4 MILLFIELD CLOSE?

4 MILLFIELD CLOSE is 110m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Blofield Heath, and where 4 MILLFIELD CLOSE lies on this distribution: 47% of detached houses are smaller than 4 MILLFIELD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

4 MILLFIELD CLOSE: Plot and Title Map

4 MILLFIELD CLOSE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 4 MILLFIELD 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 4 MILLFIELD 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 4 MILLFIELD CLOSE?

4 MILLFIELD CLOSE is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 4 on MILLFIELD CLOSE.