3, CHESTNUT CLOSE, MILDENHALL, BURY ST. EDMUNDS, IP28 7NL - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CHESTNUT CLOSE is a large extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £220,000 in November 2006, which was around 16% below the average November 2006 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

3 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 3 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 3 CHESTNUT 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
2006 3 NOV	£220,000	£260,833	16% below HPI
2001 10 DEC	£143,000	£152,284	6% below HPI
1998 11 DEC	£83,500	£102,916	19% below HPI
1996 17 DEC	£57,250	£83,781	32% below HPI

3 CHESTNUT 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 four 3 CHESTNUT CLOSE sales between December 1996 and November 2006 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 December 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2006 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 CHESTNUT CLOSE?

3 CHESTNUT CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 3 CHESTNUT CLOSE lies on this distribution: 67% of detached houses are smaller than 3 CHESTNUT CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

3 CHESTNUT CLOSE: Plot and Title Map

3 CHESTNUT CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 3 CHESTNUT 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 3 CHESTNUT 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 3 CHESTNUT CLOSE?

3 CHESTNUT CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 3 on CHESTNUT CLOSE.