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

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

41 NORTH TERRACE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £280,000 in October 2019, which was around 28% 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. One of the three 41 NORTH TERRACE sales was for below the average price, whilst two were for above 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	£387,743	28% below HPI
1996 17 DEC	£85,000	£83,781	1% above HPI
1996 15 MAR	£82,500	£81,383	1% above 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 was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 41 NORTH TERRACE lies on this distribution: 56% of detached 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.