MILDMAY LODGE, POUND HILL, BACTON, STOWMARKET, IP14 4LP - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MILDMAY LODGE is a small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £291,648. It was last sold for £220,000 in August 2016, which was around 36% below the average August 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

MILDMAY LODGE Sold Prices

Land registry data shows three sales for MILDMAY LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three MILDMAY LODGE 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
2016 31 AUG	£220,000	£343,846	36% below HPI
2007 27 FEB	£207,500	£262,713	21% below HPI
2001 29 JUN	£94,000	£135,297	31% below HPI

MILDMAY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three MILDMAY LODGE sales between June 2001 and August 2016 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 February 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might MILDMAY LODGE be worth now?

MILDMAY LODGE might now be worth an estimated £291,648.

This is based on house price inflation of 32.6%, between August 2016 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.6% inflationary increase is applied to the most recent sale price for MILDMAY LODGE of £220,000 on 31st August 2016. For the value to have increased from £220,000 to £291,648 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of MILDMAY LODGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The August 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of MILDMAY LODGE has not materially changed since August 2016.

How Large is MILDMAY LODGE?

MILDMAY LODGE is 86m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacton, and where MILDMAY LODGE lies on this distribution: 33% of detached houses houses are smaller than MILDMAY LODGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bacton.

MILDMAY LODGE: Plot and Title Map

MILDMAY LODGE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of MILDMAY 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 MILDMAY 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.

Where is MILDMAY LODGE?

MILDMAY LODGE is located on POUND HILL in BACTON, in the IP14 postcode district. The below map shows the position of MILDMAY LODGE on POUND HILL.