Millway Farm Barn Millway Lane

    MILLWAY FARM BARN, MILLWAY LANE, PALGRAVE, DISS, IP22 1SN

    This detached freehold property on Millway Lane last sold in May 2023 for £750,000. Based on price growth in the IP22 district since then, its estimated current value is £730,146 — placing it in the 91st percentile nationally and the 96th percentile within IP22. The property covers 326 m² (3,509 sq ft), giving an estimated value of £2,240 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,509 sq ft

    326 m²

    Last Sale Price

    £750,000

    May 2023

    Estimated Valuation

    £730,146

    Est. £/sq ft

    £208/sq ft

    £2,240/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms8
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area3,509 sq ft (326 m²)
    EPC dateDec 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingGround source heat pump, underfloor, electric

    Transaction History

    26 May 2023

    £750,000

    Key Metrics

    Estimated valuation£730,146
    Value per sq ft / m²£208/sq ft (£2,240/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP22 district percentile96th percentile
    National percentile91st percentile

    District Context — IP22

    IP22 covers rural and semi-rural areas in mid-Suffolk, sitting between Norwich and Ipswich in the heart of East Anglia. It is a quieter, more mature neighbourhood characterised by village life and countryside appeal.

    Average Property Price - IP22

    £350,263

    56

    National percentile

    Average Net Household Income - IP22

    £36,575

    41

    National percentile

    10-Year Annualised Price Growth - IP22

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP22

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