7, MILLFIELD CLOSE, DITCHINGHAM, BUNGAY, NR35 2QJ - £93,500

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.

7 MILLFIELD CLOSE is a very small terraced house of 30m², built sometime between 1991 and 1995, which could now be worth an estimated £183,614. It was last sold for £93,500 in December 2008, which was around 21% below the average December 2008 terraced price in the South Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was A.

7 MILLFIELD CLOSE Sold Prices

Land registry data shows five sales for 7 MILLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. All of the five 7 MILLFIELD 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
2008 22 DEC	£93,500	£117,749	21% below HPI
2005 3 JUN	£99,000	£127,391	22% below HPI
2003 16 JUL	£60,000	£97,891	39% below HPI
2002 16 OCT	£52,500	£85,170	38% below HPI
1997 27 JUN	£25,000	£40,828	39% below HPI

7 MILLFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The five 7 MILLFIELD CLOSE sales between June 1997 and December 2008 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 June 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2008 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 7 MILLFIELD CLOSE be worth now?

7 MILLFIELD CLOSE might now be worth an estimated £183,614.

This is based on house price inflation of 96.4%, between December 2008 and April 2026, for terraced houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.4% inflationary increase is applied to the most recent sale price for 7 MILLFIELD CLOSE of £93,500 on 22nd December 2008. For the value to have increased from £93,500 to £183,614 over the eighteen years and eight months to April 2026, the following assumptions must hold true:

• The value of 7 MILLFIELD CLOSE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The December 2008 sale price of £93,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLFIELD CLOSE has not materially changed since December 2008.

How Large is 7 MILLFIELD CLOSE?

7 MILLFIELD CLOSE is 30m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of terraced houses houses in Ditchingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ditchingham, and where 7 MILLFIELD CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 MILLFIELD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

7 MILLFIELD CLOSE: Plot and Title Map

7 MILLFIELD CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 7 MILLFIELD 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 7 MILLFIELD 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 7 MILLFIELD CLOSE?

7 MILLFIELD CLOSE is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 7 on MILLFIELD CLOSE.