MILL CROFT, MILL ROAD, THOMPSON, THETFORD, IP24 1PH - £277,500

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.

MILL CROFT is a very small extended semi-detached house of 65m², built sometime before 1900, which could now be worth an estimated £373,650. It was last sold for £277,500 in July 2016, which was around 56% above the average July 2016 semi-detached price in the Breckland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was F, and the potential energy rating was D.

MILL CROFT Sold Prices

Land registry data shows three sales for MILL CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the three MILL CROFT 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
2016 29 JUL	£277,500	£178,266	56% above HPI
2005 9 DEC	£198,995	£131,922	51% above HPI
2002 19 APR	£127,750	£80,777	58% above HPI

MILL CROFT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three MILL CROFT sales between April 2002 and July 2016 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 December 2005 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2016 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might MILL CROFT be worth now?

MILL CROFT might now be worth an estimated £373,650.

This is based on house price inflation of 34.6%, between July 2016 and February 2025, for semi-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 34.6% inflationary increase is applied to the most recent sale price for MILL CROFT of £277,500 on 29th July 2016. For the value to have increased from £277,500 to £373,650 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of MILL CROFT has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The July 2016 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of MILL CROFT has not materially changed since July 2016.

How Large is MILL CROFT?

MILL CROFT is 65m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of semi-detached houses houses in Thompson, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thompson, and where MILL CROFT lies on this distribution: 6% of semi-detached houses houses are smaller than MILL CROFT, and 94% of houses are larger. Note that EPC data is not available for all properties in Thompson.

MILL CROFT: Plot and Title Map

MILL CROFT sits on a plot of roughly 0.297 of an acre, or 1,201m². The below map shows the location of MILL CROFT, 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 CROFT). 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 CROFT?

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