MILL FARM, CHURCH LANE, LITTLE STONHAM, STOWMARKET, IP14 5JL - £575,000

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 FARM is a very large extended detached house of 234m², built sometime before 1900. It was last sold for £575,000 in March 2021, which was around 48% above the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was D.

MILL FARM Sold Prices

Land registry data shows two sales for MILL FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two MILL FARM 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
2021 18 MAR	£575,000	£388,004	48% above HPI
2007 8 MAR	£475,000	£260,720	82% above HPI

MILL FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two MILL FARM sales from March 2007 and March 2021 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 March 2007 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the March 2021 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is MILL FARM?

MILL FARM is 234m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses in Little Stonham, based on EPC data. The below chart shows the distribution of detached houses by size in Little Stonham, and where MILL FARM lies on this distribution: 96% of detached houses are smaller than MILL FARM, and 4% of houses are larger. Note that EPC data is not available for all properties in Little Stonham.

MILL FARM: Plot and Title Map

MILL FARM sits on a plot of roughly 0.547 of an acre, or 2,215m². The below map shows the location of MILL FARM, 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 FARM). 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 FARM?

MILL FARM is located on CHURCH LANE in LITTLE STONHAM, in the IP14 postcode district. The below map shows the position of MILL FARM on CHURCH LANE.