11, MILL ROAD, SAXMUNDHAM, IP17 1DP - £187,500

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.

11 MILL ROAD is a very small extended terraced house of 71m², built sometime before 1900, which could now be worth an estimated £209,126. It was last sold for £187,500 in May 2021, which was around 1% below the average May 2021 terraced price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

11 MILL ROAD Sold Prices

Land registry data shows four sales for 11 MILL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. two of the four 11 MILL ROAD sales were for below the average price, and four 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
2021 5 MAY	£187,500	£188,527	1% below HPI
2014 3 SEP	£168,000	£138,593	21% above HPI
2007 27 SEP	£156,500	£137,339	14% above HPI
2007 13 MAR	£106,000	£127,785	17% below HPI

11 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The four 11 MILL ROAD sales between March 2007 and May 2021 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 September 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 11 MILL ROAD be worth now?

11 MILL ROAD might now be worth an estimated £209,126.

This is based on house price inflation of 11.5%, between May 2021 and June 2025, for terraced houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% inflationary increase is applied to the most recent sale price for 11 MILL ROAD of £187,500 on 5th May 2021. For the value to have increased from £187,500 to £209,126 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 11 MILL ROAD has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The May 2021 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 11 MILL ROAD has not materially changed since May 2021.

How Large is 11 MILL ROAD?

11 MILL ROAD is 71m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of terraced houses houses in Saxmundham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Saxmundham, and where 11 MILL ROAD lies on this distribution: 4% of terraced houses houses are smaller than 11 MILL ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Saxmundham.

11 MILL ROAD: Plot and Title Map

11 MILL ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 11 MILL ROAD, 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 11 MILL ROAD). 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 11 MILL ROAD?

11 MILL ROAD is located in SAXMUNDHAM, in the IP17 postcode district. The below map shows the position of No. 11 on MILL ROAD.