12, LARK ROAD, MILDENHALL, BURY ST EDMUNDS, IP28 7LA - £228,000

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 LARK ROAD is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £228,000 in June 2018, which was around 39% below the average June 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

12 LARK ROAD Sold Prices

Land registry data shows three sales for 12 LARK ROAD since 1^st 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 12 LARK ROAD 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
2018 8 JUN	£228,000	£371,949	39% below HPI
2017 4 OCT	£163,000	£374,332	56% below HPI
1996 9 MAY	£50,000	£80,024	38% below HPI

12 LARK ROAD 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 three 12 LARK ROAD sales between May 1996 and June 2018 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 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2018 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 12 LARK ROAD?

12 LARK ROAD is 68m², which includes one extension, according to the EPC inspection conducted in February 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 12 LARK ROAD lies on this distribution: 3% of detached houses are smaller than 12 LARK ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

12 LARK ROAD: Plot and Title Map

12 LARK ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 12 LARK ROAD, 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 LARK ROAD). 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 LARK ROAD?

12 LARK ROAD is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 12 on LARK ROAD.