42, MILL VIEW CLOSE, WOODBRIDGE, IP12 4HR - £537,500

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

42 MILL VIEW CLOSE is a midsized extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £504,645. It was last sold for £537,500 in September 2022, which was around 22% above the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

42 MILL VIEW CLOSE Sold Prices

Land registry data shows three sales for 42 MILL VIEW 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 East Suffolk local authority area for the corresponding sale date. Two of the three 42 MILL VIEW CLOSE sales were for above the average price, whilst one 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 16 SEP	£537,500	£439,768	22% above HPI
2014 19 SEP	£305,000	£282,948	8% above HPI
2008 20 FEB	£232,500	£258,491	10% below HPI

42 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 three 42 MILL VIEW CLOSE sales between February 2008 and September 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 42 MILL VIEW CLOSE be worth now?

42 MILL VIEW CLOSE might now be worth an estimated £504,645.

This is based on house price deflation of 6.1%, between September 2022 and December 2024, for 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 6.1% deflationary decrease is applied to the most recent sale price for 42 MILL VIEW CLOSE of £537,500 on 16th September 2022. For the value to have decreased from £537,500 to £504,645 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 42 MILL VIEW CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2022 sale price of £537,500 represented a fair market value for the property.
• The size, condition, and specification of 42 MILL VIEW CLOSE has not materially changed since September 2022.

How Large is 42 MILL VIEW CLOSE?

42 MILL VIEW CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodbridge, and where 42 MILL VIEW CLOSE lies on this distribution: 47% of detached houses houses are smaller than 42 MILL VIEW CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

42 MILL VIEW CLOSE: Plot and Title Map

42 MILL VIEW CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 42 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 42 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 42 MILL VIEW CLOSE?

42 MILL VIEW CLOSE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 42 on MILL VIEW CLOSE.