16, CHARLES MELROSE CLOSE, MILDENHALL, BURY ST. EDMUNDS, IP28 7BA - £113,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 CHARLES MELROSE CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £378,240. It was last sold for £113,000 in September 2000, which was around 18% below the average September 2000 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

16 CHARLES MELROSE CLOSE Sold Prices

Land registry data shows three sales for 16 CHARLES MELROSE CLOSE 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 16 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
2000 15 SEP	£113,000	£138,475	18% below HPI
1996 8 NOV	£74,300	£85,508	13% below HPI
1995 28 JUN	£70,000	£79,811	12% below HPI

16 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 three 16 CHARLES MELROSE CLOSE sales between June 1995 and September 2000 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 November 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2000 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 16 CHARLES MELROSE CLOSE be worth now?

16 CHARLES MELROSE CLOSE might now be worth an estimated £378,240.

This is based on house price inflation of 234.7%, between September 2000 and December 2024, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 234.7% inflationary increase is applied to the most recent sale price for 16 CHARLES MELROSE CLOSE of £113,000 on 15th September 2000. For the value to have increased from £113,000 to £378,240 over the 23 years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 CHARLES MELROSE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The September 2000 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHARLES MELROSE CLOSE has not materially changed since September 2000.

How Large is 16 CHARLES MELROSE CLOSE?

16 CHARLES MELROSE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% of detached houses houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mildenhall, and where 16 CHARLES MELROSE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 16 CHARLES MELROSE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

16 CHARLES MELROSE CLOSE: Plot and Title Map

16 CHARLES MELROSE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 16 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 16 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 16 CHARLES MELROSE CLOSE?

16 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 16 on CHARLES MELROSE CLOSE.