FENGATE, CHURCH WALK, MILDENHALL, BURY ST. EDMUNDS, IP28 7ED - £52,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FENGATE is a very large detached house of 223m², built sometime between 1950 and 1966. It was last sold for £52,000 in November 1998, which was around 50% below the average November 1998 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

FENGATE Sold Prices

Land registry data shows two sales for FENGATE 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. One of the two FENGATE sales was for below the average price, whilst the other 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
1998 13 NOV	£52,000	£104,211	50% below HPI
1995 19 MAY	£100,000	£78,730	27% above HPI

FENGATE 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 FENGATE sales from May 1995 and November 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 May 1995 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 1998 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is FENGATE?

FENGATE is 223m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where FENGATE lies on this distribution: 98% of detached houses are smaller than FENGATE, and 2% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

FENGATE: Plot and Title Map

FENGATE sits on a plot of roughly 0.711 of an acre, or 2,877m². The below map shows the location of FENGATE, 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 FENGATE). 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 FENGATE?

FENGATE is located on CHURCH WALK in MILDENHALL, in the IP28 postcode district. The below map shows the position of FENGATE on CHURCH WALK.