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
4 WOODLANDS WAY is a small semi-detached house of 91m², built sometime between 1967 and 1975. It was last sold for £315,000 in October 2023, which was around 30% below the average October 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 4 WOODLANDS WAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the six 4 WOODLANDS 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 |
---|---|---|---|
2023 2 OCT | £315,000 | £449,858 | 30% below HPI |
2017 3 MAY | £240,000 | £360,737 | 33% below HPI |
2013 26 FEB | £180,000 | £265,047 | 32% below HPI |
2003 9 APR | £160,000 | £197,391 | 19% below HPI |
2001 27 MAR | £100,000 | £131,176 | 24% below HPI |
1999 4 MAR | £78,000 | £106,793 | 27% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The six 4 WOODLANDS WAY sales between March 1999 and October 2023 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 May 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
4 WOODLANDS WAY is 91m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 4 WOODLANDS WAY lies on this distribution: 29% of detached houses are smaller than 4 WOODLANDS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.
4 WOODLANDS WAY sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 4 WOODLANDS 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 4 WOODLANDS 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.
4 WOODLANDS WAY is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 4 on WOODLANDS WAY.