Mill Lea Mill Road

    MILL LEA, MILL ROAD, MENDLESHAM, STOWMARKET, IP14 5TA

    This detached freehold property on Mill Road last sold in April 2017 for £300,000. Based on price growth in the IP14 district since then, its estimated current value is £352,714 — placing it in the 60th percentile nationally and the 70th percentile within IP14. The property covers 115 m² (1,238 sq ft), giving an estimated value of £3,067 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £300,000

    Apr 2017

    Estimated Valuation

    £352,714

    Est. £/sq ft

    £285/sq ft

    £3,067/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area1,238 sq ft (115 m²)
    EPC dateJan 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    6 Apr 2017

    £300,000

    Key Metrics

    Estimated valuation£352,714
    Value per sq ft / m²£285/sq ft (£3,067/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile70th percentile
    National percentile60th percentile

    District Context — IP14

    IP14 covers the Gipping Valley area in mid-Suffolk, including Needham Market and surrounding villages, sitting roughly midway between Norwich and the Essex border. It is a predominantly rural and semi-rural district with a mix of village communities, appealing to those seeking quieter living with reasonable access to larger towns.

    Average Property Price - IP14

    £310,712

    45

    National percentile

    Average Net Household Income - IP14

    £41,994

    66

    National percentile

    10-Year Annualised Price Growth - IP14

    3.0%

    30

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP14

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