MILL HOUSE, THE STREET, LYNG, NORWICH, NR9 5QZ - £1,040,000

MILL HOUSE is a very large extended detached house of 205m², built sometime before 1900. It was last sold for £1,040,000 in September 2022, which was around 180% above the average September 2022 detached price in the Breckland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was F.

MILL HOUSE Sold Prices

Land registry data shows three sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three MILL HOUSE sales were for above 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
2022 21 SEP	£1,040,000	£371,198	180% above HPI
2010 9 JUN	£725,000	£210,796	244% above HPI
2003 4 JUL	£570,000	£165,423	245% above HPI

MILL HOUSE 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 three MILL HOUSE sales between July 2003 and September 2022 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 2010 sale was for 244% above the HPI. So the extrapolation line tracks at 244% above the HPI over time, until the September 2022 sale, where it falls to 180% above the HPI. The line then continues to track at 180% above the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 205m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where MILL HOUSE lies on this distribution: 89% of detached houses are smaller than MILL HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lyng.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 1.2 acres, or 5,055m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on THE STREET in LYNG, in the NR9 postcode district. The below map shows the position of MILL HOUSE on THE STREET.