4, Mill Lane
4, Mill Lane
Description & Estimates
According to the public record, 4, Mill Lane, Thetford is a period house with 710 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Mill Lane, Thetford is £258,843 and the estimated rental value is £1,099 per month.
Mill Lane, Barnham, Thetford, IP24 is located in the borough of West Suffolk within the IP24 postal district.
Our Data Sources
4, Mill Lane, Thetford has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Mill Lane, Thetford is in very good condition we estimate a sale value of £271,786 and a rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,724 and a rental value of £1,022 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Mill Lane, Thetford has fallen by £5,622 (2.2%), while its estimated rental value has moved up by £37 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
4, Mill Lane, Thetford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 4, Mill Lane, Thetford within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 2, Station Road, Thetford, IP24 2PD, a freehold house which sold for £180,000 on the 11th October 2010.
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
Mill Lane, Barnham, Thetford, IP24 has a total of 58 addresses. According to our analysis of all the public data, 4, Mill Lane, Thetford is the 49th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in IP24.
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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
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Public Transport Nearby
The closest station to 4, Mill Lane, Thetford is Thetford station, which is 4.4 kilometres away.
- 4.4kmThetford
- 11.6kmBrandon
- 13.9kmHarling Road
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
