51, MILL LANE, FELIXSTOWE, IP11 2NL - £475,000

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

51 MILL LANE is a large extended detached house of 130m², built sometime between 1930 and 1949. It was last sold for £475,000 in December 2022, which was around 8% above the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

51 MILL LANE Sold Prices

Land registry data shows five sales for 51 MILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the five 51 MILL LANE 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
2022 15 DEC	£475,000	£441,323	8% above HPI
2020 13 JUL	£385,000	£357,411	8% above HPI
2014 29 AUG	£200,000	£276,803	28% below HPI
2001 12 JAN	£124,995	£124,330	1% above HPI
2000 22 SEP	£122,995	£119,747	3% above HPI

51 MILL LANE 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 five 51 MILL LANE sales between September 2000 and December 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 July 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2022 sale, which was also at 8% above the HPI.

How Large is 51 MILL LANE?

51 MILL LANE is 130m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 51 MILL LANE lies on this distribution: 69% of detached houses are smaller than 51 MILL LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

51 MILL LANE: Plot and Title Map

51 MILL LANE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 51 MILL LANE, 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 51 MILL LANE). 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 51 MILL LANE?

51 MILL LANE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 51 on MILL LANE.