MILL VIEW, LAXFIELD ROAD, STRADBROKE, EYE, IP21 5HY - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MILL VIEW is a very large extended detached house of 180m², built sometime before 1900. It was last sold for £470,000 in September 2017, which was around 24% above the average September 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was E.

MILL VIEW Sold Prices

Land registry data shows five sales for MILL VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five MILL VIEW 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
2017 8 SEP	£470,000	£378,163	24% above HPI
2013 15 FEB	£340,000	£259,107	31% above HPI
2009 14 AUG	£375,000	£238,865	57% above HPI
2004 17 DEC	£330,000	£231,042	43% above HPI
1998 21 JUL	£144,000	£97,975	47% above HPI

MILL VIEW 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 five MILL VIEW sales between July 1998 and September 2017 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 February 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might MILL VIEW be worth now?

MILL VIEW might now be worth an estimated £548,310.

This is based on house price inflation of 16.7%, between September 2017 and December 2024, 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 16.7% inflationary increase is applied to the most recent sale price for MILL VIEW of £470,000 on 8th September 2017. For the value to have increased from £470,000 to £548,310 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of MILL VIEW has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2017 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of MILL VIEW has not materially changed since September 2017.

How Large is MILL VIEW?

MILL VIEW is 180m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of detached houses houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stradbroke, and where MILL VIEW lies on this distribution: 84% of detached houses houses are smaller than MILL VIEW, and 16% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 0.296 of an acre, or 1,198m². The below map shows the location of MILL VIEW, 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 VIEW). 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 VIEW?

MILL VIEW is located on LAXFIELD ROAD in STRADBROKE, in the IP21 postcode district. The below map shows the position of MILL VIEW on LAXFIELD ROAD.