1, CONIFER CLOSE, MILDENHALL, BURY ST EDMUNDS, IP28 7SG - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CONIFER CLOSE is a very small detached house of 70m², built sometime from 2007 onwards. It was last sold for £175,000 in May 2021, which was around 56% below the average May 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

1 CONIFER CLOSE Sold Prices

Land registry data shows two sales for 1 CONIFER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 1 CONIFER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 21 MAY	£175,000	£397,651	56% below HPI
2007 26 OCT	£165,000	£278,000	41% below HPI

1 CONIFER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 1 CONIFER CLOSE sales from October 2007 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2021 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 1 CONIFER CLOSE?

1 CONIFER CLOSE is 70m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 1 CONIFER CLOSE lies on this distribution: 5% of detached houses are smaller than 1 CONIFER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

1 CONIFER CLOSE: Plot and Title Map

1 CONIFER CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 1 CONIFER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CONIFER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CONIFER CLOSE?

1 CONIFER CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 1 on CONIFER CLOSE.