Mill Lane Cottage Mill Lane

    MILL LANE COTTAGE, MILL LANE, THURSTON, BURY ST EDMUNDS, IP31 3QA

    This detached freehold property on Mill Lane last sold in September 2023 for £575,000. Based on price growth in the IP31 district since then, its estimated current value is £623,680 — placing it in the 87th percentile nationally and the 85th percentile within IP31. The property covers 151 m² (1,625 sq ft), giving an estimated value of £4,130 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    151 m²

    (1,625 sq ft)

    Last Sale Price

    £575,000

    Sept 2023

    Estimated Valuation

    £623,680

    Est. £/m²

    £4,130/m²

    £384/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area151 m² (1,625 sq ft)
    EPC dateDec 2023
    WallsCavity wall, filled cavity
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    15 Sept 2023

    £575,000

    12 Oct 2009

    £340,000

    Key Metrics

    Estimated valuation£623,680
    Value per m² / sq ft£4,130/m² (£384/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP31 district percentile85th percentile
    National percentile87th percentile

    District Context — IP31

    IP31 covers parts of central Suffolk, including Thetford and surrounding villages. It is a mixed market combining rural settlements with modest town characteristics, appealing to families and those seeking countryside living with reasonable accessibility.

    Average Property Price - IP31

    £403,906

    68

    National percentile

    Average Net Household Income - IP31

    £42,727

    68

    National percentile

    10-Year Annualised Price Growth - IP31

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP31

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