24, MILL VIEW CLOSE, WOODBRIDGE, IP12 4HR - £181,500

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.

24 MILL VIEW CLOSE is a very small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £323,164. It was last sold for £181,500 in October 2006, which was around 24% below the average October 2006 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

24 MILL VIEW CLOSE Sold Prices

Land registry data shows two sales for 24 MILL VIEW 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 East Suffolk local authority area for the corresponding sale date. Both of the two 24 MILL VIEW CLOSE 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
2006 31 OCT	£181,500	£237,597	24% below HPI
1995 20 JAN	£53,000	£76,086	30% below HPI

24 MILL VIEW CLOSE 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 24 MILL VIEW CLOSE sales from January 1995 and October 2006 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 January 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 24 MILL VIEW CLOSE be worth now?

24 MILL VIEW CLOSE might now be worth an estimated £323,164.

This is based on house price inflation of 78.1%, between October 2006 and February 2025, for detached 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 78.1% inflationary increase is applied to the most recent sale price for 24 MILL VIEW CLOSE of £181,500 on 31st October 2006. For the value to have increased from £181,500 to £323,164 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 MILL VIEW CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2006 sale price of £181,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MILL VIEW CLOSE has not materially changed since October 2006.

How Large is 24 MILL VIEW CLOSE?

24 MILL VIEW CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodbridge, and where 24 MILL VIEW CLOSE lies on this distribution: 16% of detached houses houses are smaller than 24 MILL VIEW CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

24 MILL VIEW CLOSE: Plot and Title Map

24 MILL VIEW CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 24 MILL VIEW 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 24 MILL VIEW 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 24 MILL VIEW CLOSE?

24 MILL VIEW CLOSE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 24 on MILL VIEW CLOSE.