MILL CORNER, MILL ROAD, THOMPSON, THETFORD, IP24 1PH - £315,000

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

MILL CORNER is a small extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £315,000 in February 2019, which was around 5% above the average February 2019 detached price in the Breckland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

MILL CORNER Sold Prices

Land registry data shows three sales for MILL CORNER 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. Two of the three MILL CORNER sales were for above the average price, whilst one was 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
2019 27 FEB	£315,000	£300,411	5% above HPI
2009 12 OCT	£249,995	£204,229	22% above HPI
2002 1 MAR	£102,000	£124,089	18% below HPI

MILL CORNER 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 MILL CORNER sales between March 2002 and February 2019 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 October 2009 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is MILL CORNER?

MILL CORNER is 128m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Thompson, based on EPC data. The below chart shows the distribution of detached houses by size in Thompson, and where MILL CORNER lies on this distribution: 33% of detached houses are smaller than MILL CORNER, and 67% of houses are larger. Note that EPC data is not available for all properties in Thompson.

MILL CORNER: Plot and Title Map

MILL CORNER sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of MILL CORNER, 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 MILL CORNER). 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 MILL CORNER?

MILL CORNER is located on MILL ROAD in THOMPSON, in the IP24 postcode district. The below map shows the position of MILL CORNER on MILL ROAD.