1, MILL LANE, CARBROOKE, THETFORD, IP25 6TD - £215,000

1 MILL LANE is a large detached house of 167m², built sometime between 2003 and 2006. It was last sold for £215,000 in December 2013, which was about the average December 2013 detached price in the Breckland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

1 MILL LANE Sold Prices

Land registry data shows four sales for 1 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. The four 1 MILL LANE sales were a mix of roughly equal to the average price, above the average price, and 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 6 DEC	£215,000	£214,861	Close to HPI
2010 14 MAY	£195,000	£212,738	8% below HPI
2007 3 AUG	£248,000	£233,584	6% above HPI
2005 14 OCT	£225,000	£204,699	10% above HPI

1 MILL LANE 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 four 1 MILL LANE sales between October 2005 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 May 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 MILL LANE?

1 MILL LANE is 167m² according to the EPC inspection conducted in February 2009. This puts it in the largest 30% of detached houses in Carbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Carbrooke, and where 1 MILL LANE lies on this distribution: 76% of detached houses are smaller than 1 MILL LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Carbrooke.

1 MILL LANE: Plot and Title Map

1 MILL LANE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 1 MILL LANE, 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 LANE). 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 LANE?

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