7, MILL LANE, WOOLPIT, BURY ST EDMUNDS, IP30 9QX - £257,500

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 MILL LANE is a semi-detached house, which could now be worth an estimated £305,451. It was last sold for £257,500 in August 2019, which was around 10% above the average August 2019 semi-detached price in the Mid Suffolk local authority area.

7 MILL LANE Sold Prices

Land registry data shows two sales for 7 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 7 MILL LANE sales was for above the average price, whilst the other was 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
2019 16 AUG	£257,500	£234,657	10% above HPI
2014 14 FEB	£166,000	£172,670	4% below HPI

What might 7 MILL LANE be worth now?

7 MILL LANE might now be worth an estimated £305,451.

This is based on house price inflation of 18.6%, between August 2019 and May 2026, for semi-detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 7 MILL LANE of £257,500 on 16th August 2019. For the value to have increased from £257,500 to £305,451 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 7 MILL LANE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The August 2019 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MILL LANE has not materially changed since August 2019.

Where is 7 MILL LANE?

7 MILL LANE is located in WOOLPIT, in the IP30 postcode district.