36, MELBOURNE DRIVE, MILDENHALL, BURY ST EDMUNDS, IP28 7BP - £239,995

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

36 MELBOURNE DRIVE is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £239,995 in December 2015, which was around 27% below the average December 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

36 MELBOURNE DRIVE Sold Prices

Land registry data shows five sales for 36 MELBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 36 MELBOURNE DRIVE 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 4 DEC	£239,995	£327,387	27% below HPI
2013 15 FEB	£200,000	£265,047	25% below HPI
2010 30 JUN	£190,000	£253,520	25% below HPI
2005 28 APR	£183,000	£225,738	19% below HPI
1995 25 AUG	£75,500	£80,252	6% below HPI

36 MELBOURNE DRIVE 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 five 36 MELBOURNE DRIVE sales between August 1995 and December 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 February 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 36 MELBOURNE DRIVE?

36 MELBOURNE DRIVE is 93m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 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 36 MELBOURNE DRIVE lies on this distribution: 33% of detached houses are smaller than 36 MELBOURNE DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

36 MELBOURNE DRIVE: Plot and Title Map

36 MELBOURNE DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 36 MELBOURNE DRIVE, 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 36 MELBOURNE DRIVE). 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 36 MELBOURNE DRIVE?

36 MELBOURNE DRIVE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 36 on MELBOURNE DRIVE.