45, MILL ROAD, MUTFORD, BECCLES, NR34 7UR - £485,000

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

45 MILL ROAD is a very large detached house of 176m², built sometime between 1996 and 2002. It was last sold for £485,000 in January 2023, which was around 10% above the average January 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

45 MILL ROAD Sold Prices

Land registry data shows two sales for 45 MILL ROAD 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. Both of the two 45 MILL ROAD 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
2023 27 JAN	£485,000	£441,226	10% above HPI
2021 26 MAR	£460,000	£371,419	24% above HPI

45 MILL ROAD 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 45 MILL ROAD sales from March 2021 and January 2023 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 March 2021 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 45 MILL ROAD?

45 MILL ROAD is 176m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Mutford, based on EPC data. The below chart shows the distribution of detached houses by size in Mutford, and where 45 MILL ROAD lies on this distribution: 90% of detached houses are smaller than 45 MILL ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Mutford.

45 MILL ROAD: Plot and Title Map

45 MILL ROAD sits on a plot of roughly 0.215 of an acre, or 868m². The below map shows the location of 45 MILL ROAD, 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 45 MILL ROAD). 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 45 MILL ROAD?

45 MILL ROAD is located in MUTFORD, in the NR34 postcode district. The below map shows the position of No. 45 on MILL ROAD.