7, MILL LANE, GREAT ELLINGHAM, ATTLEBOROUGH, NR17 1HT - £198,000

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.

7 MILL LANE is a small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £320,664. It was last sold for £198,000 in May 2014, which was around 14% below the average May 2014 detached price in the Breckland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

7 MILL LANE Sold Prices

Land registry data shows six sales for 7 MILL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the six 7 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
2014 7 MAY	£198,000	£230,154	14% below HPI
2012 20 JUL	£190,000	£214,497	11% below HPI
2005 20 DEC	£175,000	£202,624	14% below HPI
1999 5 AUG	£75,000	£86,404	13% below HPI
1998 11 DEC	£61,100	£78,630	22% below HPI
1997 11 JUL	£58,000	£73,070	21% below HPI

7 MILL LANE 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 six 7 MILL LANE sales between July 1997 and May 2014 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 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 MILL LANE be worth now?

7 MILL LANE might now be worth an estimated £320,664.

This is based on house price inflation of 62%, between May 2014 and March 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 62% inflationary increase is applied to the most recent sale price for 7 MILL LANE of £198,000 on 7th May 2014. For the value to have increased from £198,000 to £320,664 over the eleven years and two months to March 2025, the following assumptions must hold true:

• The value of 7 MILL LANE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2014 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILL LANE has not materially changed since May 2014.

How Large is 7 MILL LANE?

7 MILL LANE is 81m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses houses in Great Ellingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Ellingham, and where 7 MILL LANE lies on this distribution: 20% of detached houses houses are smaller than 7 MILL LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Great Ellingham.

7 MILL LANE: Plot and Title Map

7 MILL LANE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 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 7 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 7 MILL LANE?

7 MILL LANE is located in GREAT ELLINGHAM, in the NR17 postcode district. The below map shows the position of No. 7 on MILL LANE.