78, KINGSWAY, MILDENHALL, BURY ST EDMUNDS, IP28 7HR - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

78 KINGSWAY is a midsized detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £295,261. It was last sold for £250,000 in February 2019, which was around 34% below the average February 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

78 KINGSWAY Sold Prices

Land registry data shows three sales for 78 KINGSWAY 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. All of the three 78 KINGSWAY 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 22 FEB	£250,000	£381,457	34% below HPI
2003 1 MAY	£185,500	£202,193	8% below HPI
1998 30 NOV	£85,950	£105,560	19% below HPI

78 KINGSWAY 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 78 KINGSWAY sales between November 1998 and February 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 May 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 78 KINGSWAY be worth now?

78 KINGSWAY might now be worth an estimated £295,261.

This is based on house price inflation of 18.1%, between February 2019 and February 2025, 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 18.1% inflationary increase is applied to the most recent sale price for 78 KINGSWAY of £250,000 on 22nd February 2019. For the value to have increased from £250,000 to £295,261 over the six years to February 2025, the following assumptions must hold true:

• The value of 78 KINGSWAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 78 KINGSWAY has not materially changed since February 2019.

How Large is 78 KINGSWAY?

78 KINGSWAY is 105m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 78 KINGSWAY lies on this distribution: 54% of detached houses houses are smaller than 78 KINGSWAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

78 KINGSWAY: Plot and Title Map

78 KINGSWAY sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 78 KINGSWAY, 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 78 KINGSWAY). 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 78 KINGSWAY?

78 KINGSWAY is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 78 on KINGSWAY.