5, MELLIS CLOSE, HAVERHILL, CB9 7FL - £364,000

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.

5 MELLIS CLOSE is a large extended detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £403,084. It was last sold for £364,000 in November 2020, which was around 11% below the average November 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

5 MELLIS CLOSE Sold Prices

Land registry data shows four sales for 5 MELLIS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Most of the four 5 MELLIS CLOSE sales 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
2020 13 NOV	£364,000	£406,834	11% below HPI
2008 12 DEC	£245,000	£234,147	5% above HPI
1999 14 SEP	£131,995	£114,738	15% above HPI
1997 12 NOV	£107,950	£93,930	15% above HPI

5 MELLIS CLOSE 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 four 5 MELLIS CLOSE sales between November 1997 and November 2020 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 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 MELLIS CLOSE be worth now?

5 MELLIS CLOSE might now be worth an estimated £403,084.

This is based on house price inflation of 10.7%, between November 2020 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 10.7% inflationary increase is applied to the most recent sale price for 5 MELLIS CLOSE of £364,000 on 13th November 2020. For the value to have increased from £364,000 to £403,084 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 MELLIS CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2020 sale price of £364,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MELLIS CLOSE has not materially changed since November 2020.

How Large is 5 MELLIS CLOSE?

5 MELLIS CLOSE is 133m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Haverhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haverhill, and where 5 MELLIS CLOSE lies on this distribution: 79% of detached houses houses are smaller than 5 MELLIS CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Haverhill.

5 MELLIS CLOSE: Plot and Title Map

5 MELLIS CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 5 MELLIS CLOSE, 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 MELLIS CLOSE). 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 MELLIS CLOSE?

5 MELLIS CLOSE is located in HAVERHILL, in the CB9 postcode district. The below map shows the position of No. 5 on MELLIS CLOSE.