12 Mill Lane

    12, MILL LANE, SOUTHWOLD, IP18 6HW

    This terraced freehold property on Mill Lane last sold in February 2021 for £697,500. Based on price growth in the IP18 district since then, its estimated current value is £614,126 — placing it in the 87th percentile nationally and the 60th percentile within IP18. The property covers 87 m² (936 sq ft), giving an estimated value of £7,059 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £697,500

    Feb 2021

    Estimated Valuation

    £614,126

    Est. £/sq ft

    £656/sq ft

    £7,059/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateJun 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Feb 2021

    £697,500

    14 Oct 2014

    £565,000

    30 Jun 2006

    £499,500

    8 Dec 2000

    New build

    £295,000

    Key Metrics

    Estimated valuation£614,126
    Value per sq ft / m²£656/sq ft (£7,059/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP18 district percentile60th 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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