4, MILL LANE, THETFORD, IP24 3BZ - £92,000

4 MILL LANE is a very small extended semi-detached house of 66m², built sometime before 1900. It was last sold for £92,000 in February 2004, which was around 50% below the average February 2004 detached price in the Breckland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

4 MILL LANE Sold Prices

Land registry data shows four sales for 4 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 4 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
2004 26 FEB	£92,000	£183,160	50% below HPI
2002 22 APR	£65,000	£132,305	51% below HPI
1999 6 AUG	£44,000	£85,736	49% below HPI
1996 12 JUL	£36,750	£64,075	43% below HPI

4 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 four 4 MILL LANE sales between July 1996 and February 2004 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 April 2002 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2004 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 4 MILL LANE?

4 MILL LANE is 66m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 4 MILL LANE lies on this distribution: 3% of detached houses are smaller than 4 MILL LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 MILL LANE: Plot and Title Map

4 MILL LANE sits on a plot of roughly 0.013 of an acre, or 51m². The below map shows the location of 4 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 4 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 4 MILL LANE?

4 MILL LANE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 4 on MILL LANE.