14, MILL LANE, BARROW, BURY ST EDMUNDS, IP29 5BS - £326,000

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.

14 MILL LANE is a small extended detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £328,759. It was last sold for £326,000 in August 2024, which was around 28% below the average August 2024 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

14 MILL LANE Sold Prices

Land registry data shows three sales for 14 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 14 MILL LANE 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
2024 7 AUG	£326,000	£450,241	28% below HPI
2002 7 MAR	£135,500	£166,224	18% below HPI
2001 3 JUL	£103,500	£147,903	30% below HPI

14 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 14 MILL LANE sales between July 2001 and August 2024 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 March 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 14 MILL LANE be worth now?

14 MILL LANE might now be worth an estimated £328,759.

This is based on house price inflation of 0.8%, between August 2024 and May 2026, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% inflationary increase is applied to the most recent sale price for 14 MILL LANE of £326,000 on 7th August 2024. For the value to have increased from £326,000 to £328,759 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of 14 MILL LANE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The August 2024 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MILL LANE has not materially changed since August 2024.

How Large is 14 MILL LANE?

14 MILL LANE is 88m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses houses in Barrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barrow, and where 14 MILL LANE lies on this distribution: 33% of detached houses houses are smaller than 14 MILL LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Barrow.

14 MILL LANE: Plot and Title Map

14 MILL LANE sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of 14 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 14 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 14 MILL LANE?

14 MILL LANE is located in BARROW, in the IP29 postcode district. The below map shows the position of No. 14 on MILL LANE.