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 GRANVILLE GARDENS is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £270,000 in March 2020, which was around 28% below the average March 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 7 GRANVILLE GARDENS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 7 GRANVILLE GARDENS 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 |
---|---|---|---|
2020 6 MAR | £270,000 | £376,780 | 28% below HPI |
2005 21 DEC | £169,000 | £239,192 | 29% below HPI |
2001 9 NOV | £119,950 | £148,864 | 19% below HPI |
1998 22 JUN | £82,500 | £100,839 | 18% below HPI |
1997 20 JUN | £69,950 | £85,839 | 19% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The five 7 GRANVILLE GARDENS sales between June 1997 and March 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 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
7 GRANVILLE GARDENS is 90m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 7 GRANVILLE GARDENS lies on this distribution: 27% of detached houses are smaller than 7 GRANVILLE GARDENS, and 72% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.
7 GRANVILLE GARDENS sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 7 GRANVILLE GARDENS, 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 GRANVILLE GARDENS). 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.
7 GRANVILLE GARDENS is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 7 on GRANVILLE GARDENS.