1, MILL CLOSE, SHIPDHAM, THETFORD, IP25 7HX - £404,000

1 MILL CLOSE is a very large extended detached house of 172m², built sometime between 2003 and 2006. It was last sold for £404,000 in April 2023, which was around 10% above the average April 2023 detached price in the Breckland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

1 MILL CLOSE Sold Prices

Land registry data shows two sales for 1 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 1 MILL CLOSE 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
2023 21 APR	£404,000	£366,688	10% above HPI
2006 28 APR	£249,950	£202,527	23% above HPI

1 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 1 MILL CLOSE sales from April 2006 and April 2023 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 MILL CLOSE?

1 MILL CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Shipdham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipdham, and where 1 MILL CLOSE lies on this distribution: 88% of detached houses are smaller than 1 MILL CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

1 MILL CLOSE: Plot and Title Map

1 MILL CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 1 MILL CLOSE, 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 1 MILL CLOSE). 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 1 MILL CLOSE?

1 MILL CLOSE is located in SHIPDHAM, in the IP25 postcode district. The below map shows the position of No. 1 on MILL CLOSE.