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Mill Lane is a residential street with 4 addresses.
It ranks as the 60th largest and 152nd most expensive of the 242 streets in the IP23 area. The dominant property type is a modern house built after 1980.
The street contains a total of 4 properties: 4 houses.
Mill Lane is a residential street with 4 addresses.
It ranks as the 60th largest and 152nd most expensive of the 242 streets in the IP23 area. The dominant property type is a modern house built after 1980.
The street contains a total of 4 properties: 4 houses.
Sale prices range from £428,849 for 3 bedroom freehold houses with a garden (963 ft2) to £597,061 for 4 bedroom freehold houses with a garden (1,709 ft2) .
Monthly rental prices range from £1,117 pcm for 3 bed houses to £1,359 pcm for 4 bed houses.
The gross rental yield is between 2.7% and 3.1%.
The average value per square foot is £433.
The last sale on Mill Lane sold for £482,000 on 30th July 2024. Since then prices are down an average of 4.7%.
The current average value in the street is £479,209.
The Mill Lane Sales Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.8% | £479,209 |
| May 2025 | -0.7% | £492,907 |
| May 2024 | -5.8% | £496,394 |
| May 2023 | 3% | £526,696 |
| May 2022 | 12.4% | £511,437 |
| May 2021 | 5.2% | £454,962 |
| May 2020 | 3.2% | £432,352 |
| May 2019 | 0.1% | £418,999 |
| May 2018 | 6.6% | £418,739 |
| May 2017 | 9.3% | £392,881 |
| May 2016 | 5% | £359,547 |
| May 2015 | 2.2% | £342,471 |
| May 2014 | 9.8% | £335,202 |
| May 2013 | 0.1% | £305,211 |
| May 2012 | 3.7% | £304,819 |
| May 2011 | -5.1% | £293,827 |
| May 2010 | 8.1% | £309,605 |
| May 2009 | -10.9% | £286,352 |
| May 2008 | 1.7% | £321,221 |
| May 2007 | 0% | £315,975 |
The current average rental value in the street is £1,192.
The Mill Lane Rental Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £1,192pcm |
| May 2025 | 5.4% | £1,159pcm |
| May 2024 | 5.5% | £1,099pcm |
| May 2023 | 8.4% | £1,042pcm |
| May 2022 | 8.1% | £961pcm |
| May 2021 | 6.2% | £889pcm |
| May 2020 | 1% | £837pcm |
| May 2019 | 0.7% | £828pcm |
| May 2018 | 2.3% | £822pcm |
| May 2017 | 3.7% | £804pcm |
| May 2016 | 5.3% | £775pcm |
| May 2015 | 5.5% | £736pcm |
| May 2014 | 1.7% | £698pcm |
| May 2013 | -1% | £686pcm |
| May 2012 | 2% | £693pcm |
| May 2011 | 1.7% | £679pcm |
| May 2010 | 4.9% | £668pcm |
| May 2009 | -6.3% | £637pcm |
| May 2008 | 3.3% | £679pcm |
| May 2007 | 0% | £658pcm |
The last sale was on 30th July 2024 for £482,000 and since then the market in the area has decreased by 4.7%. The street has had a total of 6 sales since 1995.
Mill Lane, Thorndon, Eye, IP23 has seen 2 sales in the last three years and no sales in the last twelve months.
Mill Lane, Thorndon, Eye, IP23 is the 60th largest and the 152nd most expensive street in the IP23 area.
There is 1 postcode on Mill Lane, Thorndon, Eye, IP23.
The closest station to Mill Lane, Thorndon, Eye, IP23 is Diss station which is 10.0 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Mill Lane, Thorndon, Eye, IP23, 44.2% of property is privately owned outright and 30.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Mill Lane, Thorndon, Eye, IP23, 15.7% of residents are recorded as possessing school level qualifications and 30.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mill Lane, Thorndon, Eye, IP23, the average age was 48.4 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Mill Lane, Thorndon, Eye, IP23, 3.1% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Mill Lane, Thorndon, Eye, IP23, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.