62, CHARLES MELROSE CLOSE, MILDENHALL, BURY ST. EDMUNDS, IP28 7BA - £51,000

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

62 CHARLES MELROSE CLOSE is a very small semi-detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £233,487. It was last sold for £51,000 in September 1998, which was around 16% below the average September 1998 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

62 CHARLES MELROSE CLOSE Sold Prices

Land registry data shows two sales for 62 CHARLES MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 62 CHARLES MELROSE CLOSE 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
1998 4 SEP	£51,000	£60,804	16% below HPI
1995 20 MAR	£43,950	£49,086	10% below HPI

62 CHARLES MELROSE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 62 CHARLES MELROSE CLOSE sales from March 1995 and September 1998 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 March 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 1998 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 62 CHARLES MELROSE CLOSE be worth now?

62 CHARLES MELROSE CLOSE might now be worth an estimated £233,487.

This is based on house price inflation of 357.8%, between September 1998 and February 2025, for semi-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 357.8% inflationary increase is applied to the most recent sale price for 62 CHARLES MELROSE CLOSE of £51,000 on 4th September 1998. For the value to have increased from £51,000 to £233,487 over the 27 years and seven months to February 2025, the following assumptions must hold true:

• The value of 62 CHARLES MELROSE CLOSE has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The September 1998 sale price of £51,000 represented a fair market value for the property.
• The size, condition, and specification of 62 CHARLES MELROSE CLOSE has not materially changed since September 1998.

How Large is 62 CHARLES MELROSE CLOSE?

62 CHARLES MELROSE CLOSE is 62m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of semi-detached houses houses in Mildenhall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mildenhall, and where 62 CHARLES MELROSE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 62 CHARLES MELROSE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

62 CHARLES MELROSE CLOSE: Plot and Title Map

62 CHARLES MELROSE CLOSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 62 CHARLES MELROSE 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 62 CHARLES MELROSE 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 62 CHARLES MELROSE CLOSE?

62 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 62 on CHARLES MELROSE CLOSE.