5, Mill Lane
5, Mill Lane
Description & Estimates
The public record lists 5, Mill Lane, Southwold as a freehold house.
Comparison with its neighbours suggests a period house with 1,268 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
5, Mill Lane, Southwold has an estimated sale value of £702,394 and an estimated rental value of £2,216 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
5, Mill Lane, Southwold has a single entry in the Land Registry from July 2016 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Mill Lane, Southwold would be worth £737,513, with a potential rental value of £2,326 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £653,226, with a rental value of £2,061 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 5, Mill Lane, Southwold has decreased by £26,551 (3.8%) over the last year. During the same period, its estimated monthly rental value has grown by £63 (2.8%). The property's estimated gross yield is currently 3.8%.
Sold Prices
5, Mill Lane, Southwold last changed hands on 12th July 2016, selling for £625,000. 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 risen by 15.3% since July 2016.
- Sold Jul 2016£625,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 5, Mill Lane, Southwold across the last 2 years.
Most recently, 32, High Street, Southwold, IP18 6AE, a freehold house, sold at £390,000 on the 30th May 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 5, Mill Lane, Southwold as the 8th largest and the 7th most expensive of the 24 addresses on Mill Lane, Southwold, IP18.
Against the IP18 postcode district average, it is £191k 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 5, 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.
