38, MILES HAWK WAY, MILDENHALL, BURY ST. EDMUNDS, IP28 7SE - £129,000

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

38 MILES HAWK WAY is a very small extended detached house of 73m², built sometime between 1991 and 1995. It was last sold for £129,000 in July 2002, which was around 30% below the average July 2002 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

38 MILES HAWK WAY Sold Prices

Land registry data shows two sales for 38 MILES HAWK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 38 MILES HAWK WAY 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
2002 22 JUL	£129,000	£185,437	30% below HPI
1997 4 DEC	£67,000	£91,870	27% below HPI

38 MILES HAWK WAY 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 two 38 MILES HAWK WAY sales from December 1997 and July 2002 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 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2002 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 MILES HAWK WAY?

38 MILES HAWK WAY is 73m², which includes two extensions, according to the EPC inspection conducted in June 2020. 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 38 MILES HAWK WAY lies on this distribution: 9% of detached houses are smaller than 38 MILES HAWK WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

38 MILES HAWK WAY: Plot and Title Map

38 MILES HAWK WAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 38 MILES HAWK WAY, 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 38 MILES HAWK WAY). 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 38 MILES HAWK WAY?

38 MILES HAWK WAY is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 38 on MILES HAWK WAY.