MILLHAVEN, THURSTON ROAD, BEYTON, BURY ST EDMUNDS, IP30 9AE - £350,000

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.

MILLHAVEN is a very small detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £366,112. It was last sold for £350,000 in June 2022, which was around 20% below the average June 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

MILLHAVEN Sold Prices

Land registry data shows four sales for MILLHAVEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four MILLHAVEN sales were for below 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
2022 1 JUN	£350,000	£435,767	20% below HPI
2019 25 JAN	£296,000	£378,406	22% below HPI
2015 30 APR	£265,000	£310,991	15% below HPI
1997 28 NOV	£79,000	£92,208	14% below HPI

MILLHAVEN 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 four MILLHAVEN sales between November 1997 and June 2022 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 January 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might MILLHAVEN be worth now?

MILLHAVEN might now be worth an estimated £366,112.

This is based on house price inflation of 4.6%, between June 2022 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 4.6% inflationary increase is applied to the most recent sale price for MILLHAVEN of £350,000 on 1st June 2022. For the value to have increased from £350,000 to £366,112 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of MILLHAVEN has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of MILLHAVEN has not materially changed since June 2022.

How Large is MILLHAVEN?

MILLHAVEN is 100m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses houses in Beyton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beyton, and where MILLHAVEN lies on this distribution: 17% of detached houses houses are smaller than MILLHAVEN, and 83% of houses are larger. Note that EPC data is not available for all properties in Beyton.

MILLHAVEN: Plot and Title Map

MILLHAVEN sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of MILLHAVEN, 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 MILLHAVEN). 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 MILLHAVEN?

MILLHAVEN is located on THURSTON ROAD in BEYTON, in the IP30 postcode district. The below map shows the position of MILLHAVEN on THURSTON ROAD.