1, Mill Lane
1, Mill Lane
Description & Estimates
The public record lists 1, Mill Lane, Thetford as a freehold house sitting on a 922 m2 plot.
Comparison with its neighbours suggests a period house with 1,649 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1, Mill Lane, Thetford has an estimated sale value of £421,720 and an estimated rental value of £1,640 per month, assuming reasonable condition and based on the information available.
Mill Lane, Barnham, Thetford, IP24 lies in the borough of West Suffolk, within the IP24 postal district.
Our Data Sources
1, Mill Lane, Thetford has a single entry in the Land Registry from November 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Mill Lane, Thetford would be worth £442,806, with a potential rental value of £1,722 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £392,200, with a rental value of £1,525 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Mill Lane, Thetford has fallen by £10,247 (2.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £51 (3.1%). The property's estimated gross yield is currently 4.7%.
Plot Size
1, Mill Lane, Thetford occupies a 922 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
1, Mill Lane, Thetford last changed hands on 2nd November 2018, selling for £395,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 0.4% since November 2018.
- Sold Nov 2018£395,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.3 kilometres of 1, Mill Lane, Thetford across the last 2 years.
Most recently, Cargill House, The Street, Thetford, IP24 2NF, a freehold house, sold at £490,000 on the 4th July 2025.
Read more about house prices in IP24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Mill Lane, Thetford as the 5th largest and the 5th most expensive of the 58 addresses on Mill Lane, Barnham, Thetford, IP24.
Against the IP24 postcode district average, it is £190k more expensive than the typical property.
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Schools Nearby
- 200mBarnham Church of England Voluntary Controlled Primary School
- 3.0kmQueensway Infant Academy
- 3.1kmQueensway Junior Academy
- 5.4kmThe Thetford Academy
- 10.9kmIxworth High School
- 11.8kmBreckland School
More reading links
Public Transport Nearby
Thetford station is the nearest stop to 1, Mill Lane, Thetford at 4.4 kilometres away.
- 4.4kmThetford
- 11.6kmBrandon
- 13.9kmHarling Road
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
