6, MILLS DRIVE, CORTON, LOWESTOFT, NR32 5JB - £148,000

6 MILLS DRIVE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £148,000 in February 2014, which was around 44% below the average February 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

6 MILLS DRIVE Sold Prices

Land registry data shows two sales for 6 MILLS DRIVE 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 6 MILLS DRIVE 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
2014 17 FEB	£148,000	£262,812	44% below HPI
2001 26 JAN	£77,800	£124,330	37% below HPI

6 MILLS DRIVE 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 6 MILLS DRIVE sales from January 2001 and February 2014 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 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 6 MILLS DRIVE?

6 MILLS DRIVE is 66m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Corton, based on EPC data. The below chart shows the distribution of detached houses by size in Corton, and where 6 MILLS DRIVE lies on this distribution: 9% of detached houses are smaller than 6 MILLS DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Corton.

6 MILLS DRIVE: Plot and Title Map

6 MILLS DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 6 MILLS DRIVE, 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 6 MILLS DRIVE). 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 6 MILLS DRIVE?

6 MILLS DRIVE is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 6 on MILLS DRIVE.