107, MELBOURNE DRIVE, MILDENHALL, BURY ST EDMUNDS, IP28 7BP - £222,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

107 MELBOURNE DRIVE is a large detached house of 114m², built sometime between 1991 and 1995. It was last sold for £222,000 in November 2014, which was around 27% below the average November 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

107 MELBOURNE DRIVE Sold Prices

Land registry data shows five sales for 107 MELBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 107 MELBOURNE DRIVE 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 7 NOV	£222,000	£303,929	27% below HPI
2014 4 AUG	£211,000	£300,317	30% below HPI
2011 8 DEC	£195,000	£255,587	24% below HPI
2004 3 NOV	£180,000	£236,562	24% below HPI
1999 20 SEP	£97,000	£113,271	14% below HPI

107 MELBOURNE DRIVE 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 five 107 MELBOURNE DRIVE sales between September 1999 and November 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 August 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 107 MELBOURNE DRIVE?

107 MELBOURNE DRIVE is 114m² according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 107 MELBOURNE DRIVE lies on this distribution: 69% of detached houses are smaller than 107 MELBOURNE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

107 MELBOURNE DRIVE: Plot and Title Map

107 MELBOURNE DRIVE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 107 MELBOURNE DRIVE, 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 107 MELBOURNE DRIVE). 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 107 MELBOURNE DRIVE?

107 MELBOURNE DRIVE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 107 on MELBOURNE DRIVE.