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

3 MILL LANE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £215,000 in November 2018, which was around 29% below the average November 2018 detached price in the Breckland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

3 MILL LANE Sold Prices

Land registry data shows two sales for 3 MILL LANE 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 3 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
2018 16 NOV	£215,000	£301,278	29% below HPI
1997 6 JAN	£51,000	£68,792	26% below HPI

3 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 two 3 MILL LANE sales from January 1997 and November 2018 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 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 MILL LANE?

3 MILL LANE is 76m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Carbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Carbrooke, and where 3 MILL LANE lies on this distribution: 14% of detached houses are smaller than 3 MILL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Carbrooke.

3 MILL LANE: Plot and Title Map

3 MILL LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 3 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 3 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 3 MILL LANE?

3 MILL LANE is located in CARBROOKE, in the IP25 postcode district. The below map shows the position of No. 3 on MILL LANE.