12, CHARLES MELROSE CLOSE, MILDENHALL, BURY ST EDMUNDS, IP28 7BA - £315,000

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

12 CHARLES MELROSE CLOSE is a small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £315,000 in February 2022, which was around 28% below the average February 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

12 CHARLES MELROSE CLOSE Sold Prices

Land registry data shows two sales for 12 CHARLES MELROSE 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. One of the two 12 CHARLES MELROSE CLOSE sales was for below the average price, whilst the other was for above 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 1 FEB	£315,000	£438,251	28% below HPI
1995 19 MAY	£83,750	£78,730	6% above HPI

12 CHARLES MELROSE 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 12 CHARLES MELROSE CLOSE sales from May 1995 and February 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 May 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 CHARLES MELROSE CLOSE?

12 CHARLES MELROSE CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 12 CHARLES MELROSE CLOSE lies on this distribution: 21% of detached houses are smaller than 12 CHARLES MELROSE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

12 CHARLES MELROSE CLOSE: Plot and Title Map

12 CHARLES MELROSE CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 12 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 12 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.

Where is 12 CHARLES MELROSE CLOSE?

12 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 12 on CHARLES MELROSE CLOSE.