Millfields Cottage Mill Lane

    MILLFIELDS COTTAGE, MILL LANE, THURSTON, BURY ST EDMUNDS, IP31 3QB

    This detached freehold property on Mill Lane last sold in September 2022 for £575,000. Based on price growth in the IP31 district since then, its estimated current value is £599,324 — placing it in the 86th percentile nationally and the 83rd percentile within IP31. The property covers 143 m² (1,539 sq ft), giving an estimated value of £4,191 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    143 m²

    (1,539 sq ft)

    Last Sale Price

    £575,000

    Sept 2022

    Estimated Valuation

    £599,324

    Est. £/m²

    £4,191/m²

    £389/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageC
    Habitable rooms8
    Main fueloil (not community)
    EPC currentE
    EPC potentialD
    Floor area143 m² (1,539 sq ft)
    EPC dateApr 2022
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    16 Sept 2022

    £575,000

    11 Jul 2003

    £290,000

    Key Metrics

    Estimated valuation£599,324
    Value per m² / sq ft£4,191/m² (£389/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP31 district percentile83rd percentile
    National percentile86th 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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