7, HAZEL CLOSE, MILDENHALL, BURY ST EDMUNDS, IP28 7HU - £296,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HAZEL CLOSE is a midsized detached house of 106m², built sometime between 1967 and 1975. It was last sold for £296,000 in March 2023, which was around 35% below the average March 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

7 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 7 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three 7 HAZEL CLOSE sales were for below the average price, whilst one was 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
2023 20 MAR	£296,000	£454,138	35% below HPI
2022 15 JUN	£415,000	£441,229	6% below HPI
1996 13 SEP	£84,000	£83,552	1% above HPI

7 HAZEL 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 three 7 HAZEL CLOSE sales between September 1996 and March 2023 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 June 2022 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 HAZEL CLOSE?

7 HAZEL CLOSE is 106m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% 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 HAZEL CLOSE lies on this distribution: 56% of detached houses are smaller than 7 HAZEL CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

7 HAZEL CLOSE: Plot and Title Map

7 HAZEL CLOSE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 7 HAZEL 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 7 HAZEL 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 7 HAZEL CLOSE?

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