MILL FIELD HOUSE, THE HILL, SNAPE, SAXMUNDHAM, IP17 1RJ - £535,000

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 FIELD HOUSE is a midsized extended semi-detached house of 148m², built sometime between 1996 and 2002, which could now be worth an estimated £615,114. It was last sold for £535,000 in December 2020, which was around 120% above the average December 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

MILL FIELD HOUSE Sold Prices

Land registry data shows four sales for MILL FIELD HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the four MILL FIELD HOUSE 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
2020 18 DEC	£535,000	£242,706	120% above HPI
2007 14 SEP	£385,000	£174,286	121% above HPI
2001 14 DEC	£197,500	£86,648	128% above HPI
1999 29 MAY	£130,000	£56,735	129% above HPI

MILL FIELD HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four MILL FIELD HOUSE sales between May 1999 and December 2020 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 2007 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the December 2020 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might MILL FIELD HOUSE be worth now?

MILL FIELD HOUSE might now be worth an estimated £615,114.

This is based on house price inflation of 15%, between December 2020 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for MILL FIELD HOUSE of £535,000 on 18th December 2020. For the value to have increased from £535,000 to £615,114 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of MILL FIELD HOUSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The December 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of MILL FIELD HOUSE has not materially changed since December 2020.

How Large is MILL FIELD HOUSE?

MILL FIELD HOUSE is 148m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of semi-detached houses houses in Snape, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Snape, and where MILL FIELD HOUSE lies on this distribution: 59% of semi-detached houses houses are smaller than MILL FIELD HOUSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Snape.

MILL FIELD HOUSE: Plot and Title Map

MILL FIELD HOUSE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of MILL FIELD HOUSE, 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 FIELD HOUSE). 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 FIELD HOUSE?

MILL FIELD HOUSE is located on THE HILL in SNAPE, in the IP17 postcode district. The below map shows the position of MILL FIELD HOUSE on THE HILL.