MILL VIEW, WATTON ROAD, WRETHAM, THETFORD, IP24 1QS - £484,500

MILL VIEW is a large extended detached house of 166m², built sometime between 1983 and 1990. It was last sold for £484,500 in July 2023, which was around 35% above the average July 2023 detached price in the Breckland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

MILL VIEW Sold Prices

Land registry data shows two sales for MILL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two MILL VIEW 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
2023 14 JUL	£484,500	£359,609	35% above HPI
2004 16 JAN	£262,500	£182,768	44% above HPI

MILL VIEW 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 two MILL VIEW sales from January 2004 and July 2023 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 2004 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is MILL VIEW?

MILL VIEW is 166m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Stonebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stonebridge, and where MILL VIEW lies on this distribution: 73% of detached houses are smaller than MILL VIEW, and 27% of houses are larger. Note that EPC data is not available for all properties in Stonebridge.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 0.385 of an acre, or 1,558m². The below map shows the location of MILL VIEW, 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 VIEW). 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 VIEW?

MILL VIEW is located on WATTON ROAD in WRETHAM, in the IP24 postcode district. The below map shows the position of MILL VIEW on WATTON ROAD.