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

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

MILDMAY LODGE is a small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £220,000 in August 2016, which was around 35% 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	£335,932	35% below HPI
2007 27 FEB	£207,500	£256,666	19% below HPI
2001 29 JUN	£94,000	£132,183	29% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where MILDMAY LODGE lies on this distribution: 32% of detached houses are smaller than MILDMAY LODGE, and 67% 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.