Millway Cottage Mill Lane, Southwold, IP18 6HW is a freehold detached property built between 1950-1966. The property offers approximately 1,442 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £1,001,308 , which equates to approximately £694 per square foot. It was last sold on 25 Jan 2010 for £590,000. Since then, the value has increased by £411,308, representing a 69.7% increase, or approximately 4.4% per year.

The current estimated value of £1,001,308 is:

  • 16.6% higher than the average property price on Mill Lane
  • 27.6% higher than the average in the IP18 6HW postcode area
  • and 43.2% higher than the average price for Southwold 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 September 2014, the property was recorded as owner-occupied.

View sold house prices in IP18 6HW

Building approximate location

About Property

Type
Detached House
Built
1950-1966
Interior Size
1442 sq ft
Tenure
Freehold
Price (estimate)
£1,001,308
Price Per sq ft (estimate)
£694
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Millway Cottage Mill Lane, Southwold, Waveney, Suffolk, IP18 6HW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Sep 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 main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Nov 2008, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 80%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The windows were upgraded from partial secondary glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to IP18 6HW

8 th / 19
Price Rank
28% higher than average
3 rd / 10
Size Rank
33% bigger than average
7 th / 10
Price Per Sq FT Rank
4% lower than average

Compared to other properties in IP18 6HW , this house's estimated value ranks 8th out of 19. Based on price per square foot, it ranks 7th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 10 properties in its postcode area.

Sale History

Today
£1,001,308
streetscan.co.uk estimate
+70 %
25 Jan 2010
£590,000
Leasehold
+223.3 %
17 May 1995
£182,500
Leasehold

Area Insights

Nearby Properties

2, The Stables Mill Lane, Southwold, IP18 6HW
rooms: 3
size: 926 sq ft
sale price: £650,000
sale date: 8 Apr 2022
4, The Stables Mill Lane, Southwold, IP18 6HW
rooms:
size: 517 sq ft
sale price: £337,000
sale date: 13 Sep 2018
1, The Stables Mill Lane, Southwold, IP18 6HW
rooms:
size: 1601 sq ft
sale price: £540,000
sale date: 22 Feb 2013
Thyme Cottage Mill Lane, Southwold, IP18 6HW
rooms: 5
size: 698 sq ft
sale price: £455,000
sale date: 12 Jan 2012
3, The Stables Mill Lane, Southwold, IP18 6HW
rooms:
size: 826 sq ft
sale price: £500,000
sale date: 14 Oct 2011

Data Sources

The property at Millway Cottage Mill Lane, Southwold, IP18 6HW appears two times in the Land Registry records, with the latest transaction recorded on 25 Jan 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Sep 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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