MILL HILL, MILL LANE, BACTON, NORWICH, NR12 0HN - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILL HILL is a large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £355,000 in January 2011, which was around 52% above the average January 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

MILL HILL Sold Prices

Land registry data shows two sales for MILL HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two MILL HILL 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
2011 25 JAN	£355,000	£233,053	52% above HPI
2005 22 AUG	£230,000	£227,200	1% above HPI

MILL HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two MILL HILL sales from August 2005 and January 2011 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 August 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2011 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is MILL HILL?

MILL HILL is 139m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where MILL HILL lies on this distribution: 66% of detached houses are smaller than MILL HILL, and 34% of houses are larger. Note that EPC data is not available for all properties in Bacton.

MILL HILL: Plot and Title Map

MILL HILL sits on a plot of roughly 1.0 acres, or 4,126m². The below map shows the location of MILL HILL, 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 HILL). 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 HILL?

MILL HILL is located on MILL LANE in BACTON, in the NR12 postcode district. The below map shows the position of MILL HILL on MILL LANE.