40, CHARLES MELROSE CLOSE, MILDENHALL, BURY ST EDMUNDS, IP28 7BA - £231,000

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.

40 CHARLES MELROSE CLOSE is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £230,785. It was last sold for £231,000 in August 2024, which was about the average August 2024 terraced price in the West Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

40 CHARLES MELROSE CLOSE Sold Prices

Land registry data shows four sales for 40 CHARLES MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. The four 40 CHARLES MELROSE CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2024 13 AUG	£231,000	£231,729	Close to HPI
2014 29 AUG	£142,500	£153,899	7% below HPI
2009 30 JAN	£123,500	£118,445	4% above HPI
1995 7 APR	£43,950	£38,486	14% above HPI

40 CHARLES MELROSE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The four 40 CHARLES MELROSE CLOSE sales between April 1995 and August 2024 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 40 CHARLES MELROSE CLOSE be worth now?

40 CHARLES MELROSE CLOSE might now be worth an estimated £230,785.

This is based on house price deflation of 0.1%, between August 2024 and June 2025, for terraced houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for 40 CHARLES MELROSE CLOSE of £231,000 on 13th August 2024. For the value to have decreased from £231,000 to £230,785 over the one year and two months to June 2025, the following assumptions must hold true:

• The value of 40 CHARLES MELROSE CLOSE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The August 2024 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHARLES MELROSE CLOSE has not materially changed since August 2024.

How Large is 40 CHARLES MELROSE CLOSE?

40 CHARLES MELROSE CLOSE is 61m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of terraced houses houses in Mildenhall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mildenhall, and where 40 CHARLES MELROSE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 40 CHARLES MELROSE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

40 CHARLES MELROSE CLOSE: Plot and Title Map

40 CHARLES MELROSE CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 40 CHARLES MELROSE CLOSE, 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 40 CHARLES MELROSE CLOSE). 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 40 CHARLES MELROSE CLOSE?

40 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 40 on CHARLES MELROSE CLOSE.