20, CHARLES MELROSE CLOSE, MILDENHALL, BURY ST EDMUNDS, IP28 7BA - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 CHARLES MELROSE CLOSE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £309,218. It was last sold for £225,000 in October 2015, which was around 31% below the average October 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

20 CHARLES MELROSE CLOSE Sold Prices

Land registry data shows three sales for 20 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 20 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
2015 9 OCT	£225,000	£327,815	31% below HPI
2004 12 JUL	£200,000	£234,005	15% below HPI
1995 28 APR	£74,000	£79,401	7% below HPI

20 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 20 CHARLES MELROSE CLOSE sales between April 1995 and October 2015 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 July 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 20 CHARLES MELROSE CLOSE be worth now?

20 CHARLES MELROSE CLOSE might now be worth an estimated £309,218.

This is based on house price inflation of 37.4%, between October 2015 and February 2025, 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 37.4% inflationary increase is applied to the most recent sale price for 20 CHARLES MELROSE CLOSE of £225,000 on 9th October 2015. For the value to have increased from £225,000 to £309,218 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 20 CHARLES MELROSE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 20 CHARLES MELROSE CLOSE has not materially changed since October 2015.

How Large is 20 CHARLES MELROSE CLOSE?

20 CHARLES MELROSE CLOSE is 107m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% 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 20 CHARLES MELROSE CLOSE lies on this distribution: 59% of detached houses houses are smaller than 20 CHARLES MELROSE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

20 CHARLES MELROSE CLOSE: Plot and Title Map

20 CHARLES MELROSE CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 20 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 20 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 20 CHARLES MELROSE CLOSE?

20 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 20 on CHARLES MELROSE CLOSE.