4, MILL ROAD, ELLINGHAM, BUNGAY, NR35 2EU - £245,000

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.

4 MILL ROAD is a detached house, which could now be worth an estimated £404,731. It was last sold for £245,000 in May 2014, which was around 6% below the average May 2014 detached price in the South Norfolk local authority area.

4 MILL ROAD Sold Prices

Land registry data shows five sales for 4 MILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the five 4 MILL ROAD 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 1 MAY	£245,000	£261,720	6% below HPI
2012 13 DEC	£235,000	£247,256	5% below HPI
2008 15 DEC	£207,500	£215,565	4% below HPI
2003 27 NOV	£208,000	£204,214	2% above HPI
2001 21 DEC	£155,000	£146,149	6% above HPI

What might 4 MILL ROAD be worth now?

4 MILL ROAD might now be worth an estimated £404,731.

This is based on house price inflation of 65.2%, between May 2014 and May 2026, for detached 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 65.2% inflationary increase is applied to the most recent sale price for 4 MILL ROAD of £245,000 on 1st May 2014. For the value to have increased from £245,000 to £404,731 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 4 MILL ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL ROAD has not materially changed since May 2014.

Where is 4 MILL ROAD?

4 MILL ROAD is located in ELLINGHAM, in the NR35 postcode district.