2, OLD MILL TERRACE, BECCLES, NR34 9DB - £191,250

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.

2 OLD MILL TERRACE is a midsized extended terraced house of 78m², built sometime before 1900, which could now be worth an estimated £195,596. It was last sold for £191,250 in February 2022, which was around 5% below the average February 2022 terraced price in the East Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 OLD MILL TERRACE Sold Prices

Land registry data shows one sale for 2 OLD MILL TERRACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 FEB	£191,250	£202,036	5% below HPI

What might 2 OLD MILL TERRACE be worth now?

2 OLD MILL TERRACE might now be worth an estimated £195,596.

This is based on house price inflation of 2.3%, between February 2022 and May 2026, for terraced houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 2 OLD MILL TERRACE of £191,250 on 22nd February 2022. For the value to have increased from £191,250 to £195,596 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 OLD MILL TERRACE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The February 2022 sale price of £191,250 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD MILL TERRACE has not materially changed since February 2022.

How Large is 2 OLD MILL TERRACE?

2 OLD MILL TERRACE is 78m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of terraced houses in Beccles, based on EPC data. The below chart shows the distribution of terraced houses by size in Beccles, and where 2 OLD MILL TERRACE lies on this distribution: 49% of terraced houses are smaller than 2 OLD MILL TERRACE, and 50% of terraced houses are larger. Note that EPC data is not available for all properties in Beccles.

2 OLD MILL TERRACE: Plot

2 OLD MILL TERRACE sits on a plot of roughly 0.041 of an acre, or 165m².

Where is 2 OLD MILL TERRACE?

2 OLD MILL TERRACE is located in BECCLES, in the NR34 postcode district.