3, MILLERS CLOSE, BUNGAY, NR35 1HJ - £220,000

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.

3 MILLERS CLOSE is a very small terraced house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £300,095. It was last sold for £220,000 in January 2017, which was around 43% above the average January 2017 terraced price in the East Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 MILLERS CLOSE Sold Prices

Land registry data shows two sales for 3 MILLERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. One of the two 3 MILLERS CLOSE sales was for above the average price, whilst the other was 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
2017 30 JAN	£220,000	£154,150	43% above HPI
2005 17 AUG	£80,000	£113,360	29% below HPI

3 MILLERS CLOSE 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 two 3 MILLERS CLOSE sales from August 2005 and January 2017 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 August 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2017 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 3 MILLERS CLOSE be worth now?

3 MILLERS CLOSE might now be worth an estimated £300,095.

This is based on house price inflation of 36.4%, between January 2017 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 36.4% inflationary increase is applied to the most recent sale price for 3 MILLERS CLOSE of £220,000 on 30th January 2017. For the value to have increased from £220,000 to £300,095 over the seven years and seven months to June 2025, the following assumptions must hold true:

• The value of 3 MILLERS CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The January 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLERS CLOSE has not materially changed since January 2017.

How Large is 3 MILLERS CLOSE?

3 MILLERS CLOSE is 70m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of terraced houses houses in Bungay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bungay, and where 3 MILLERS CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 3 MILLERS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bungay.

3 MILLERS CLOSE: Plot and Title Map

3 MILLERS CLOSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 3 MILLERS 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 3 MILLERS 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 3 MILLERS CLOSE?

3 MILLERS CLOSE is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 3 on MILLERS CLOSE.