40, QUEENS DRIVE, MILDENHALL, BURY ST EDMUNDS, IP28 7JW - £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

40 QUEENS DRIVE is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £220,000 in July 2011, which was around 15% below the average July 2011 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

40 QUEENS DRIVE Sold Prices

Land registry data shows three sales for 40 QUEENS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 40 QUEENS 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
2011 27 JUL	£220,000	£257,463	15% below HPI
2006 17 NOV	£155,000	£260,833	41% below HPI
2006 1 MAR	£115,000	£239,120	52% below HPI

40 QUEENS 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 three 40 QUEENS DRIVE sales between March 2006 and July 2011 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 November 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 40 QUEENS DRIVE?

40 QUEENS DRIVE is 123m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 40 QUEENS DRIVE lies on this distribution: 79% of detached houses are smaller than 40 QUEENS DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

40 QUEENS DRIVE: Plot and Title Map

40 QUEENS DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 40 QUEENS 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 40 QUEENS 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 40 QUEENS DRIVE?

40 QUEENS DRIVE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 40 on QUEENS DRIVE.