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
7 MILLERS WAY is a large detached house of 125m². It was last sold for £352,500 in November 2017, which was around 2% above the average November 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 7 MILLERS WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 7 MILLERS WAY 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 |
---|---|---|---|
2017 13 NOV | £352,500 | £344,483 | 2% above HPI |
2011 6 SEP | £287,500 | £250,801 | 15% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 7 MILLERS WAY sales from September 2011 and November 2017 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 September 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
7 MILLERS WAY is 125m² according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses in Framlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Framlingham, and where 7 MILLERS WAY lies on this distribution: 64% of detached houses are smaller than 7 MILLERS WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Framlingham.
7 MILLERS WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 MILLERS WAY, 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 MILLERS WAY). 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.
7 MILLERS WAY is located in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of No. 7 on MILLERS WAY.