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
11 CHARLES MELROSE CLOSE is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2022, which was around 3% below the average March 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11 CHARLES MELROSE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 11 CHARLES MELROSE 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 |
---|---|---|---|
2022 22 MAR | £425,000 | £440,014 | 3% below HPI |
2000 15 SEP | £113,000 | £136,705 | 17% below HPI |
1995 29 MAR | £74,250 | £79,917 | 7% 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 three 11 CHARLES MELROSE CLOSE sales between March 1995 and March 2022 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 September 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
11 CHARLES MELROSE CLOSE is 101m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 11 CHARLES MELROSE CLOSE lies on this distribution: 47% of detached houses are smaller than 11 CHARLES MELROSE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.
11 CHARLES MELROSE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 11 CHARLES MELROSE 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 11 CHARLES MELROSE 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.
11 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 11 on CHARLES MELROSE CLOSE.