81, MELBOURNE DRIVE, MILDENHALL, BURY ST. EDMUNDS, IP28 7BP - £184,500

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 MELBOURNE DRIVE is a midsized extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £184,500 in March 2003, which was around 7% below the average March 2003 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

81 MELBOURNE DRIVE Sold Prices

Land registry data shows two sales for 81 MELBOURNE DRIVE 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 MELBOURNE DRIVE 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
2003 21 MAR	£184,500	£198,713	7% below HPI
2000 18 OCT	£120,000	£136,522	12% below HPI

81 MELBOURNE DRIVE 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 MELBOURNE DRIVE sales from October 2000 and March 2003 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 October 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 81 MELBOURNE DRIVE?

81 MELBOURNE DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 81 MELBOURNE DRIVE lies on this distribution: 54% of detached houses are smaller than 81 MELBOURNE DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

81 MELBOURNE DRIVE: Plot and Title Map

81 MELBOURNE DRIVE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 81 MELBOURNE DRIVE, 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 MELBOURNE DRIVE). 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 MELBOURNE DRIVE?

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