8, BRIDEWELL CLOSE, MILDENHALL, BURY ST EDMUNDS, IP28 7RB - £335,000

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

8 BRIDEWELL CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £346,039. It was last sold for £335,000 in July 2023, which was around 25% below the average July 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

8 BRIDEWELL CLOSE Sold Prices

Land registry data shows two sales for 8 BRIDEWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 8 BRIDEWELL 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
2023 14 JUL	£335,000	£448,724	25% below HPI
1997 15 MAY	£68,000	£84,774	20% below HPI

8 BRIDEWELL 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 two 8 BRIDEWELL CLOSE sales from May 1997 and July 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 May 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 BRIDEWELL CLOSE be worth now?

8 BRIDEWELL CLOSE might now be worth an estimated £346,039.

This is based on house price inflation of 3.3%, between July 2023 and December 2024, 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 3.3% inflationary increase is applied to the most recent sale price for 8 BRIDEWELL CLOSE of £335,000 on 14th July 2023. For the value to have increased from £335,000 to £346,039 over the seven months to December 2024, the following assumptions must hold true:

• The value of 8 BRIDEWELL CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The July 2023 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRIDEWELL CLOSE has not materially changed since July 2023.

How Large is 8 BRIDEWELL CLOSE?

8 BRIDEWELL CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% 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 8 BRIDEWELL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 8 BRIDEWELL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

8 BRIDEWELL CLOSE: Plot and Title Map

8 BRIDEWELL CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 8 BRIDEWELL 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 8 BRIDEWELL 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 8 BRIDEWELL CLOSE?

8 BRIDEWELL CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 8 on BRIDEWELL CLOSE.