81, LARK ROAD, MILDENHALL, BURY ST. EDMUNDS, IP28 7HA - £75,000

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

81 LARK ROAD is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £75,000 in July 1998, which was around 28% below the average July 1998 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

81 LARK ROAD Sold Prices

Land registry data shows two sales for 81 LARK ROAD 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 81 LARK 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
1998 10 JUL	£75,000	£103,520	28% below HPI
1997 25 SEP	£20,000	£92,063	78% below HPI

81 LARK 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 two 81 LARK ROAD sales from September 1997 and July 1998 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 September 1997 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the July 1998 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 81 LARK ROAD?

81 LARK ROAD is 83m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 81 LARK ROAD lies on this distribution: 20% of detached houses are smaller than 81 LARK ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

81 LARK ROAD: Plot and Title Map

81 LARK ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 81 LARK 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 81 LARK 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 81 LARK ROAD?

81 LARK ROAD is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 81 on LARK ROAD.