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 MILES HAWK WAY is a very small extended detached house of 73m², built sometime between 1991 and 1995. It was last sold for £182,500 in July 2014, which was around 38% below the average July 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 1 MILES HAWK WAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the six 1 MILES HAWK WAY 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 |
---|---|---|---|
2014 24 JUL | £182,500 | £293,785 | 38% below HPI |
2010 17 MAY | £168,000 | £248,674 | 32% below HPI |
2005 6 JUN | £158,500 | £234,889 | 33% below HPI |
2001 4 MAY | £99,500 | £142,100 | 30% below HPI |
1998 23 OCT | £72,500 | £102,222 | 29% below HPI |
1995 27 OCT | £59,000 | £80,518 | 27% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The six 1 MILES HAWK WAY sales between October 1995 and July 2014 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 May 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
1 MILES HAWK WAY is 73m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 MILES HAWK WAY lies on this distribution: 9% of detached houses are smaller than 1 MILES HAWK WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.
1 MILES HAWK WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 1 MILES HAWK WAY, 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 MILES HAWK WAY). 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.
1 MILES HAWK WAY is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 1 on MILES HAWK WAY.