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
HOLLY LODGE is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £285,000 in March 2015, which was around 9% below the average March 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for HOLLY LODGE since 1st 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 HOLLY LODGE 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 |
---|---|---|---|
2015 20 MAR | £285,000 | £313,461 | 9% below HPI |
1998 20 AUG | £118,000 | £101,482 | 16% above HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two HOLLY LODGE sales from August 1998 and March 2015 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 August 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
HOLLY LODGE is 166m², which includes one extension, according to the EPC inspection conducted in September 2023. 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 HOLLY LODGE lies on this distribution: 94% of detached houses are smaller than HOLLY LODGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.
HOLLY LODGE sits on a plot of roughly 0.277 of an acre, or 1,119m². The below map shows the location of HOLLY LODGE, 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 HOLLY LODGE). 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.
HOLLY LODGE is located on MANOR ROAD in MILDENHALL, in the IP28 postcode district. The below map shows the position of HOLLY LODGE on MANOR ROAD.