Millway Cottage, 10 Mill Lane

    MILLWAY COTTAGE, 10, MILL LANE, SOUTHWOLD, IP18 6HW

    This detached freehold property on Mill Lane last sold in May 2015 for £875,000. Based on price growth in the IP18 district since then, its estimated current value is £1,403,511 — placing it in the 98th percentile nationally and the 95th percentile within IP18. The property covers 134 m² (1,442 sq ft), giving an estimated value of £10,474 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,442 sq ft

    134 m²

    Last Sale Price

    £875,000

    May 2015

    Estimated Valuation

    £1,403,511

    Est. £/sq ft

    £973/sq ft

    £10,474/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,442 sq ft (134 m²)
    EPC dateSept 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2015

    £875,000

    Key Metrics

    Estimated valuation£1,403,511
    Value per sq ft / m²£973/sq ft (£10,474/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP18 district percentile95th percentile
    National percentile98th percentile

    District Context — IP18

    IP18 covers rural areas in central Suffolk, positioned inland from the Norfolk coast. The district is characterised by countryside living with a predominantly mature, settled population.

    Average Property Price - IP18

    £577,020

    88

    National percentile

    Average Net Household Income - IP18

    £38,389

    51

    National percentile

    10-Year Annualised Price Growth - IP18

    2.8%

    23

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP18

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