41, NORTH TERRACE, MILDENHALL, BURY ST EDMUNDS, IP28 7AB - £280,000

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.

41 NORTH TERRACE is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £321,171. It was last sold for £280,000 in October 2019, which was around 29% below the average October 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

41 NORTH TERRACE Sold Prices

Land registry data shows three sales for 41 NORTH TERRACE 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. The three 41 NORTH TERRACE sales were a mix of below the average price, and roughly equal to 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
2019 7 OCT	£280,000	£392,765	29% below HPI
1996 17 DEC	£85,000	£84,866	Close to HPI
1996 15 MAR	£82,500	£82,437	Close to HPI

41 NORTH TERRACE 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 41 NORTH TERRACE sales between March 1996 and October 2019 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 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 41 NORTH TERRACE be worth now?

41 NORTH TERRACE might now be worth an estimated £321,171.

This is based on house price inflation of 14.7%, between October 2019 and February 2025, for 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 14.7% inflationary increase is applied to the most recent sale price for 41 NORTH TERRACE of £280,000 on 7th October 2019. For the value to have increased from £280,000 to £321,171 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 41 NORTH TERRACE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 41 NORTH TERRACE has not materially changed since October 2019.

How Large is 41 NORTH TERRACE?

41 NORTH TERRACE is 106m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mildenhall, and where 41 NORTH TERRACE lies on this distribution: 56% of detached houses houses are smaller than 41 NORTH TERRACE, and 43% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

41 NORTH TERRACE: Plot and Title Map

41 NORTH TERRACE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 41 NORTH TERRACE, 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 41 NORTH TERRACE). 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 41 NORTH TERRACE?

41 NORTH TERRACE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 41 on NORTH TERRACE.