3, Mill Lane
3, Mill Lane
Description & Estimates
Public records show 3, Mill Lane, Southwold to be a period freehold house with 1,044 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Mill Lane, Southwold has an estimated sale value of £630,649 and an estimated rental value of £2,118 per month, assuming reasonable condition and based on the information available.
Mill Lane, Southwold, IP18 lies in the borough of East Suffolk, within the IP18 postal district.
Our Data Sources
3, Mill Lane, Southwold has 51 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Mill Lane, Southwold would be worth £662,181, with a potential rental value of £2,224 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £586,504, with a rental value of £1,970 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 3, Mill Lane, Southwold has dropped by £23,839 (3.8%) over the last year. During the same period, its estimated monthly rental value has risen by £60 (2.8%). The property's estimated gross yield is currently 4.0%.
Energy Efficiency
3, Mill Lane, Southwold has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Oct 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Mill Lane, Southwold last changed hands on 6th August 2021, selling for £715,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has dropped by 12.9% since August 2021.
- Sold Aug 2021£715,000
- Sold Aug 2014£500,000
- Sold Sep 2005£445,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 3, Mill Lane, Southwold across the last 2 years.
Most recently, 3, Wymering Road, Southwold, IP18 6AG, a freehold house, sold at £665,000 on the 21st March 2025.
Read more about house prices in IP18.
•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 3, Mill Lane, Southwold as the 10th largest and the 10th most expensive of the 24 addresses on Mill Lane, Southwold, IP18.
Against the IP18 postcode district average, it is £119k more expensive than the typical property.
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Schools Nearby
- 300mSouthwold Primary School
- 1.6kmReydon Primary School
- 8.2kmWenhaston Primary School
- 14.1kmPakefield High School
- 15.0kmAlde Valley Academy
- 15.6kmBeccles High School
More reading links
Public Transport Nearby
Halesworth station is the nearest stop to 3, Mill Lane, Southwold at 12.0 kilometres away.
- 12.0kmHalesworth
- 12.0kmBrampton (Suffolk)
- 12.1kmDarsham
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.
