MILL HOUSE, MILL ROAD, BARNINGHAM, BURY ST EDMUNDS, IP31 1BT - £345,000

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.

MILL HOUSE is a detached house, which could now be worth an estimated £386,599. It was last sold for £345,000 in April 2021, which was around 15% below the average April 2021 detached price in the West Suffolk local authority area.

MILL HOUSE Sold Prices

Land registry data shows two sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two MILL HOUSE 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
2021 14 APR	£345,000	£405,195	15% below HPI
2017 3 JUL	£348,000	£372,669	7% below HPI

What might MILL HOUSE be worth now?

MILL HOUSE might now be worth an estimated £386,599.

This is based on house price inflation of 12.1%, between April 2021 and May 2026, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for MILL HOUSE of £345,000 on 14th April 2021. For the value to have increased from £345,000 to £386,599 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of MILL HOUSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The April 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of MILL HOUSE has not materially changed since April 2021.

Where is MILL HOUSE?

MILL HOUSE is located on MILL ROAD in BARNINGHAM, in the IP31 postcode district.