61, MILL LANE, BRADWELL, GREAT YARMOUTH, NR31 8HN - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

61 MILL LANE is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £210,000 in July 2020, which was around 18% below the average July 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

61 MILL LANE Sold Prices

Land registry data shows five sales for 61 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 Great Yarmouth local authority area for the corresponding sale date. All of the five 61 MILL LANE 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
2020 31 JUL	£210,000	£255,655	18% below HPI
2017 10 JUL	£170,100	£234,628	28% below HPI
1999 18 JUN	£69,950	£74,893	7% below HPI
1998 27 JUL	£60,000	£70,487	15% below HPI
1997 21 MAR	£61,000	£63,586	4% below HPI

61 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The five 61 MILL LANE sales between March 1997 and July 2020 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 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 61 MILL LANE?

61 MILL LANE is 68m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses by size in Bradwell, and where 61 MILL LANE lies on this distribution: 8% of detached houses are smaller than 61 MILL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

61 MILL LANE: Plot and Title Map

61 MILL LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 61 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 61 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 61 MILL LANE?

61 MILL LANE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 61 on MILL LANE.