40 Mill Lane, Thetford, IP24 3BZ is a freehold semi-detached property built between 1900-1929. The property offers approximately 1,012 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £277,792 , which equates to approximately £275 per square foot. It was last sold on 23 Feb 2018 for £220,000. Since then, the value has increased by £57,792, representing a 26.3% increase, or approximately 3.4% per year.

The current estimated value of £277,792 is:

  • 15.8% lower than the average property price on Mill Lane
  • 7.8% lower than the average in the IP24 3BZ postcode area
  • and 3.0% higher than the average price for Thetford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 July 2014, the property was recorded as owner-occupied.

View sold house prices in IP24 3BZ

Building approximate location

About Property

Type
Semi-Detached House
Built
1900-1929
Interior Size
1012 sq ft
Tenure
Freehold
Price (estimate)
£277,792
Price Per sq ft (estimate)
£275
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40 Mill Lane, Thetford, Breckland, Norfolk, IP24 3BZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 23 Jul 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Sep 2013, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 50 mm loft insulation, improving energy efficiency from very poor to poor.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in 61% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 61% of fixed outlets
Good

Compared to IP24 3BZ

8 th / 26
Price Rank
8% lower than average
8 th / 21
Size Rank
14% smaller than average
13 th / 21
Price Per Sq FT Rank
7% higher than average

Compared to other properties in IP24 3BZ , this house's estimated value ranks 8th out of 26. Based on price per square foot, it ranks 13th out of 21 properties. In terms of size, this home ranks 8th out of 21 properties in its postcode area.

Sale History

Today
£277,792
streetscan.co.uk estimate
+26 %
23 Feb 2018
£220,000
Leasehold
+25.7 %
19 Nov 2014
£175,000
Leasehold
+45.8 %
9 Jan 2014
£120,000
Leasehold
+52.9 %
23 Nov 2000
£78,500
Leasehold
+14.6 %
29 Oct 1999
£68,500
Leasehold

Area Insights

Similar Properties Sold Nearby

26 Mill Lane, Carbrooke, Thetford, IP25 6TD
rooms: 5
size: 1119 sq ft
sale price: £175,000
sale date: 12 Feb 2014
24 Mill Lane, Carbrooke, Thetford, IP25 6TD
rooms: 5
size: 934 sq ft
sale price: £139,000
sale date: 28 Oct 2009

Data Sources

The property at 40 Mill Lane, Thetford, IP24 3BZ appears five times in the Land Registry records, with the latest transaction recorded on 23 Feb 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Jul 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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