2, Millers Lane
2, Millers Lane
Description & Estimates
2, Millers Lane, Thetford is described in the public record as a mid-century house with 860 ft2 of internal area, sitting on a 122 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Millers Lane, Thetford is £186,815 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Millers Lane, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
Our Data Sources
2, Millers Lane, Thetford has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Millers Lane, Thetford, we estimate a market value of £196,155 and a rental value of £1,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,738 and £1,046 per month respectively.
Recent Market Change
Over the last year, 2, Millers Lane, Thetford has seen its estimated sale value drop by £4,058 (2.2%) and its estimated rental value rise by £37 per month (3.3%). This results in an estimated gross rental yield of 7.2%.
Plot Size
HM Land Registry records the plot of land for 2, Millers Lane, Thetford as measuring 122 m2.
That makes it the 6th largest plot in the postcode, where 7 of the 9 other houses have recorded plot data.
Energy Efficiency
2, Millers Lane, Thetford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Millers Lane, Thetford completed on 28th May 1999 at £37,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold May 1999£37,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Millers Lane, Thetford have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2024, was 53, Glebe Close, Thetford, IP24 2LN, a freehold house which sold for £195,000.
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
Of the 9 addresses on Millers Lane, Thetford, IP24, 2, Millers Lane, Thetford comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the IP24 district.
More reading links
Schools Nearby
- 300mNorwich Road Academy
- 800mThe Bishop's Church of England Primary Academy
- 900mDrake Primary School
- 1.4kmThe Thetford Academy
- 10.1kmBreckland School
- 14.3kmIxworth High School
More reading links
Public Transport Nearby
From 2, Millers Lane, Thetford, the nearest station is Thetford, 300 metres away.
- 300mThetford
- 9.2kmBrandon
- 11.8kmHarling Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
