MILL HOUSE, BLACKMILL LANE, GREAT MOULTON, NORWICH, NR15 2DZ - £360,000

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 HOUSE is a midsized extended detached house of 103m², built sometime before 1900, which could now be worth an estimated £569,127. It was last sold for £360,000 in August 2014, which was around 29% above the average August 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was A.

MILL HOUSE Sold Prices

Land registry data shows three sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three MILL 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
2014 12 AUG	£360,000	£278,381	29% above HPI
2004 21 DEC	£275,000	£227,484	21% above HPI
1995 27 SEP	£90,000	£74,516	21% above HPI

MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three MILL HOUSE sales between September 1995 and August 2014 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might MILL HOUSE be worth now?

MILL HOUSE might now be worth an estimated £569,127.

This is based on house price inflation of 58.1%, between August 2014 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.1% inflationary increase is applied to the most recent sale price for MILL HOUSE of £360,000 on 12th August 2014. For the value to have increased from £360,000 to £569,127 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of MILL HOUSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2014 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of MILL HOUSE has not materially changed since August 2014.

How Large is MILL HOUSE?

MILL HOUSE is 103m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses houses in Sneath Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sneath Common, and where MILL HOUSE lies on this distribution: 43% of detached houses houses are smaller than MILL HOUSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Sneath Common.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.310 of an acre, or 1,254m². The below map shows the location of MILL 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 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 HOUSE?

MILL HOUSE is located on BLACKMILL LANE in GREAT MOULTON, in the NR15 postcode district. The below map shows the position of MILL HOUSE on BLACKMILL LANE.