MILLMEAD, MILL LANE, BARNBY, BECCLES, NR34 7PZ - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MILLMEAD is a very large extended detached house of 208m², built sometime between 1996 and 2002. It was last sold for £325,000 in December 2013, which was around 23% above the average December 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

MILLMEAD Sold Prices

Land registry data shows two sales for MILLMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two MILLMEAD sales was for above the average price, whilst the other was 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
2013 2 DEC	£325,000	£264,743	23% above HPI
1998 9 APR	£55,000	£83,741	34% below HPI

MILLMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two MILLMEAD sales from April 1998 and December 2013 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 April 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2013 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is MILLMEAD?

MILLMEAD is 208m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses in Barnby, based on EPC data. The below chart shows the distribution of detached houses by size in Barnby, and where MILLMEAD lies on this distribution: 82% of detached houses are smaller than MILLMEAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Barnby.

MILLMEAD: Plot and Title Map

MILLMEAD sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of MILLMEAD, 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 MILLMEAD). 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 MILLMEAD?

MILLMEAD is located on MILL LANE in BARNBY, in the NR34 postcode district. The below map shows the position of MILLMEAD on MILL LANE.