41, CHARLES MELROSE CLOSE, MILDENHALL, BURY ST EDMUNDS, IP28 7BA - £178,500

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.

41 CHARLES MELROSE CLOSE is a very small extended terraced house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £171,539. It was last sold for £178,500 in November 2022, which was around 26% below the average November 2022 terraced price in the West Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

41 CHARLES MELROSE CLOSE Sold Prices

Land registry data shows two sales for 41 CHARLES MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. One of the two 41 CHARLES MELROSE CLOSE 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
2022 18 NOV	£178,500	£240,908	26% below HPI
1995 26 MAY	£41,950	£38,477	9% above HPI

41 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 two 41 CHARLES MELROSE CLOSE sales from May 1995 and November 2022 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 41 CHARLES MELROSE CLOSE be worth now?

41 CHARLES MELROSE CLOSE might now be worth an estimated £171,539.

This is based on house price deflation of 3.9%, between November 2022 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 3.9% deflationary decrease is applied to the most recent sale price for 41 CHARLES MELROSE CLOSE of £178,500 on 18th November 2022. For the value to have decreased from £178,500 to £171,539 over the three years and five months to June 2025, the following assumptions must hold true:

• The value of 41 CHARLES MELROSE CLOSE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The November 2022 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of 41 CHARLES MELROSE CLOSE has not materially changed since November 2022.

How Large is 41 CHARLES MELROSE CLOSE?

41 CHARLES MELROSE CLOSE is 51m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 41 CHARLES MELROSE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 41 CHARLES MELROSE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

41 CHARLES MELROSE CLOSE: Plot and Title Map

41 CHARLES MELROSE CLOSE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 41 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 41 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 41 CHARLES MELROSE CLOSE?

41 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 41 on CHARLES MELROSE CLOSE.