Forge Barn The Common

    FORGE BARN, THE COMMON, MELLIS, EYE, IP23 8EB

    This detached freehold property on The Common last sold in October 2017 for £365,000. Based on price growth in the IP23 district since then, its estimated current value is £406,811 — placing it in the 68th percentile nationally and the 57th percentile within IP23. The property covers 94 m² (1,012 sq ft), giving an estimated value of £4,328 per m². The EPC rating is F, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £365,000

    Oct 2017

    Estimated Valuation

    £406,811

    Est. £/sq ft

    £402/sq ft

    £4,328/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fueloil (not community)
    EPC currentF
    EPC potentialA
    Floor area1,012 sq ft (94 m²)
    EPC dateJul 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    12 Oct 2017

    £365,000

    10 Jan 1997

    £78,000

    Key Metrics

    Estimated valuation£406,811
    Value per sq ft / m²£402/sq ft (£4,328/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP23 district percentile57th percentile
    National percentile68th percentile

    District Context — IP23

    IP23 covers parts of south Norfolk and north Suffolk, situated in the rural heart of East Anglia. It is a quieter, countryside-oriented area with a notably mature demographic and strong owner-occupier character.

    Average Property Price - IP23

    £411,010

    69

    National percentile

    Average Net Household Income - IP23

    £39,589

    56

    National percentile

    10-Year Annualised Price Growth - IP23

    4.2%

    71

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP23

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