61, MELBOURNE DRIVE, MILDENHALL, BURY ST EDMUNDS, IP28 7BP - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

61 MELBOURNE DRIVE is a midsized detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £251,919. It was last sold for £210,000 in March 2019, which was around 46% below the average March 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

61 MELBOURNE DRIVE Sold Prices

Land registry data shows four sales for 61 MELBOURNE DRIVE 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. All of the four 61 MELBOURNE 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
2019 29 MAR	£210,000	£386,383	46% below HPI
2014 28 APR	£220,000	£285,820	23% below HPI
2008 7 JUL	£250,000	£270,136	7% below HPI
2002 22 FEB	£160,000	£165,388	3% below HPI

61 MELBOURNE 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 four 61 MELBOURNE DRIVE sales between February 2002 and March 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 April 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 61 MELBOURNE DRIVE be worth now?

61 MELBOURNE DRIVE might now be worth an estimated £251,919.

This is based on house price inflation of 20%, between March 2019 and December 2024, 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 20% inflationary increase is applied to the most recent sale price for 61 MELBOURNE DRIVE of £210,000 on 29th March 2019. For the value to have increased from £210,000 to £251,919 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 61 MELBOURNE DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The March 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 61 MELBOURNE DRIVE has not materially changed since March 2019.

How Large is 61 MELBOURNE DRIVE?

61 MELBOURNE DRIVE is 97m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 61 MELBOURNE DRIVE lies on this distribution: 42% of detached houses houses are smaller than 61 MELBOURNE DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

61 MELBOURNE DRIVE: Plot and Title Map

61 MELBOURNE DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 61 MELBOURNE 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 61 MELBOURNE 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 61 MELBOURNE DRIVE?

61 MELBOURNE DRIVE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 61 on MELBOURNE DRIVE.