5, FOLLY ROAD, MILDENHALL, BURY ST EDMUNDS, IP28 7AD - £229,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 FOLLY ROAD is a large extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £229,000 in September 2013, which was around 16% below the average September 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was D.

5 FOLLY ROAD Sold Prices

Land registry data shows three sales for 5 FOLLY ROAD 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 5 FOLLY ROAD 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
2013 5 SEP	£229,000	£273,470	16% below HPI
2011 25 FEB	£190,000	£252,120	25% below HPI
1997 30 MAY	£68,000	£83,690	19% below HPI

5 FOLLY ROAD 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 5 FOLLY ROAD sales between May 1997 and September 2013 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 February 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2013 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 FOLLY ROAD?

5 FOLLY ROAD is 114m², which includes one extension, according to the EPC inspection conducted in June 2010. 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 5 FOLLY ROAD lies on this distribution: 71% of detached houses are smaller than 5 FOLLY ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

5 FOLLY ROAD: Plot and Title Map

5 FOLLY ROAD sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 5 FOLLY ROAD, 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 5 FOLLY ROAD). 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 5 FOLLY ROAD?

5 FOLLY ROAD is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 5 on FOLLY ROAD.