4, CROFT PLACE, MILDENHALL, BURY ST EDMUNDS, IP28 7LN - £238,000

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.

4 CROFT PLACE is a midsized semi-detached house of 98m², built sometime between 1900 and 1929, which could now be worth an estimated £281,675. It was last sold for £238,000 in February 2020, which was around 1% above the average February 2020 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

4 CROFT PLACE Sold Prices

Land registry data shows three sales for 4 CROFT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three 4 CROFT PLACE sales were for above the average price, whilst one was 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
2020 14 FEB	£238,000	£235,209	1% above HPI
2017 26 JUL	£240,000	£229,263	5% above HPI
2007 9 MAR	£75,000	£166,010	55% below HPI

4 CROFT PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 4 CROFT PLACE sales between March 2007 and February 2020 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 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 CROFT PLACE be worth now?

4 CROFT PLACE might now be worth an estimated £281,675.

This is based on house price inflation of 18.4%, between February 2020 and February 2025, for semi-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 18.4% inflationary increase is applied to the most recent sale price for 4 CROFT PLACE of £238,000 on 14th February 2020. For the value to have increased from £238,000 to £281,675 over the five years to February 2025, the following assumptions must hold true:

• The value of 4 CROFT PLACE has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The February 2020 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CROFT PLACE has not materially changed since February 2020.

How Large is 4 CROFT PLACE?

4 CROFT PLACE is 98m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of semi-detached houses houses in Mildenhall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mildenhall, and where 4 CROFT PLACE lies on this distribution: 43% of semi-detached houses houses are smaller than 4 CROFT PLACE, and 55% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

4 CROFT PLACE: Plot and Title Map

4 CROFT PLACE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 4 CROFT PLACE, 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 4 CROFT PLACE). 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 4 CROFT PLACE?

4 CROFT PLACE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 4 on CROFT PLACE.