3 Mill Lane

    3, MILL LANE, SOUTHWOLD, IP18 6HW

    This terraced freehold property on Mill Lane last sold in August 2021 for £715,000. Based on price growth in the IP18 district since then, its estimated current value is £629,534 — placing it in the 87th percentile nationally and the 62nd percentile within IP18. The property covers 97 m² (1,044 sq ft), giving an estimated value of £6,490 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £715,000

    Aug 2021

    Estimated Valuation

    £629,534

    Est. £/sq ft

    £603/sq ft

    £6,490/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Aug 2021

    £715,000

    26 Aug 2014

    £500,000

    18 Sept 2005

    £445,000

    20 Jul 2001

    £325,000

    20 Feb 1998

    £132,000

    Key Metrics

    Estimated valuation£629,534
    Value per sq ft / m²£603/sq ft (£6,490/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP18 district percentile62nd percentile
    National percentile87th 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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