50, MILLFIELD, ASHILL, THETFORD, IP25 7BQ - £212,000

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.

50 MILLFIELD is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £215,376. It was last sold for £212,000 in June 2022, which was around 42% below the average June 2022 detached price in the Breckland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

50 MILLFIELD Sold Prices

Land registry data shows three sales for 50 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 50 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
2022 9 JUN	£212,000	£364,623	42% below HPI
2004 28 MAY	£126,000	£187,324	33% below HPI
2002 27 FEB	£77,000	£126,448	39% below HPI

50 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 50 MILLFIELD sales between February 2002 and June 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 May 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 50 MILLFIELD be worth now?

50 MILLFIELD might now be worth an estimated £215,376.

This is based on house price inflation of 1.6%, between June 2022 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 1.6% inflationary increase is applied to the most recent sale price for 50 MILLFIELD of £212,000 on 9th June 2022. For the value to have increased from £212,000 to £215,376 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 50 MILLFIELD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2022 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 50 MILLFIELD has not materially changed since June 2022.

How Large is 50 MILLFIELD?

50 MILLFIELD is 61m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 50 MILLFIELD lies on this distribution: 6% of detached houses houses are smaller than 50 MILLFIELD, and 93% of houses are larger. Note that EPC data is not available for all properties in Ashill.

50 MILLFIELD: Plot and Title Map

50 MILLFIELD sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 50 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 50 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 50 MILLFIELD?

50 MILLFIELD is located in ASHILL, in the IP25 postcode district. The below map shows the position of No. 50 on MILLFIELD.