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

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.

MILL FARM is a very large extended detached house of 234m², built sometime before 1900, which could now be worth an estimated £659,963. It was last sold for £575,000 in March 2021, which was around 45% 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	£397,144	45% above HPI
2007 8 MAR	£475,000	£266,862	78% 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 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2021 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might MILL FARM be worth now?

MILL FARM might now be worth an estimated £659,963.

This is based on house price inflation of 14.8%, between March 2021 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for MILL FARM of £575,000 on 18th March 2021. For the value to have increased from £575,000 to £659,963 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MILL FARM has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of MILL FARM has not materially changed since March 2021.

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 houses in Little Stonham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Stonham, and where MILL FARM lies on this distribution: 96% of detached houses 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.