7, FINCHAM ROAD, MILDENHALL, BURY ST EDMUNDS, IP28 7BS - £180,000

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

7 FINCHAM ROAD is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £180,000 in October 2014, which was around 41% below the average October 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

7 FINCHAM ROAD Sold Prices

Land registry data shows four sales for 7 FINCHAM ROAD 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 7 FINCHAM 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
2014 14 OCT	£180,000	£305,020	41% below HPI
2013 22 AUG	£147,000	£272,415	46% below HPI
1998 23 OCT	£66,000	£102,222	35% below HPI
1995 7 APR	£54,250	£78,386	31% below HPI

7 FINCHAM 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 four 7 FINCHAM ROAD sales between April 1995 and October 2014 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 August 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2014 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 FINCHAM ROAD?

7 FINCHAM ROAD is 49m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 7 FINCHAM ROAD lies on this distribution: Less than 1% of detached houses are smaller than 7 FINCHAM ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

7 FINCHAM ROAD: Plot and Title Map

7 FINCHAM ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 7 FINCHAM 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 7 FINCHAM 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 7 FINCHAM ROAD?

7 FINCHAM ROAD is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 7 on FINCHAM ROAD.