47, MILLFIELD, ASHILL, THETFORD, IP25 7BQ - £209,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 MILLFIELD is a small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £259,984. It was last sold for £209,000 in July 2018, which was around 30% below the average July 2018 detached price in the Breckland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

47 MILLFIELD Sold Prices

Land registry data shows three sales for 47 MILLFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 47 MILLFIELD 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
2018 27 JUL	£209,000	£297,787	30% below HPI
2014 22 AUG	£152,000	£233,591	35% below HPI
1996 17 MAY	£43,000	£65,199	34% below HPI

47 MILLFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 47 MILLFIELD sales between May 1996 and July 2018 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 August 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 47 MILLFIELD be worth now?

47 MILLFIELD might now be worth an estimated £259,984.

This is based on house price inflation of 24.4%, between July 2018 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.4% inflationary increase is applied to the most recent sale price for 47 MILLFIELD of £209,000 on 27th July 2018. For the value to have increased from £209,000 to £259,984 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 47 MILLFIELD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2018 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MILLFIELD has not materially changed since July 2018.

How Large is 47 MILLFIELD?

47 MILLFIELD is 70m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses houses in Ashill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashill, and where 47 MILLFIELD lies on this distribution: 24% of detached houses houses are smaller than 47 MILLFIELD, and 74% of houses are larger. Note that EPC data is not available for all properties in Ashill.

47 MILLFIELD: Plot and Title Map

47 MILLFIELD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 47 MILLFIELD, 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 47 MILLFIELD). 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 47 MILLFIELD?

47 MILLFIELD is located in ASHILL, in the IP25 postcode district. The below map shows the position of No. 47 on MILLFIELD.