4, MILLFIELD CLOSE, DITCHINGHAM, BUNGAY, NR35 2QJ - £152,000

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 very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £152,000 in July 2017, which was around 52% below the average July 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was B.

4 MILLFIELD CLOSE Sold Prices

Land registry data shows three sales for 4 MILLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 4 MILLFIELD CLOSE 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
2017 13 JUL	£152,000	£318,977	52% below HPI
2004 29 OCT	£116,995	£225,527	48% below HPI
2002 13 AUG	£76,000	£165,381	54% below HPI

4 MILLFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 4 MILLFIELD CLOSE sales between August 2002 and July 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 October 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 4 MILLFIELD CLOSE?

4 MILLFIELD CLOSE is 70m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ditchingham, and where 4 MILLFIELD CLOSE lies on this distribution: 12% of detached houses are smaller than 4 MILLFIELD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

4 MILLFIELD CLOSE: Plot and Title Map

4 MILLFIELD CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². 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 DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 4 on MILLFIELD CLOSE.