61, MELBOURNE DRIVE, MILDENHALL, BURY ST EDMUNDS, IP28 7BP - £210,000

61 MELBOURNE DRIVE is a midsized detached house of 97m², built sometime between 1991 and 1995. It was last sold for £210,000 in March 2019, which was around 45% below the average March 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

61 MELBOURNE DRIVE Sold Prices

Land registry data shows four sales for 61 MELBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 61 MELBOURNE DRIVE 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
2019 29 MAR	£210,000	£381,443	45% below HPI
2014 28 APR	£220,000	£282,166	22% below HPI
2008 7 JUL	£250,000	£266,682	6% below HPI
2002 22 FEB	£160,000	£163,274	2% below HPI

61 MELBOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four 61 MELBOURNE DRIVE sales between February 2002 and March 2019 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 April 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 61 MELBOURNE DRIVE?

61 MELBOURNE DRIVE is 97m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 61 MELBOURNE DRIVE lies on this distribution: 42% of detached houses are smaller than 61 MELBOURNE DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

61 MELBOURNE DRIVE: Plot and Title Map

61 MELBOURNE DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 61 MELBOURNE DRIVE, 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 61 MELBOURNE DRIVE). 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 61 MELBOURNE DRIVE?

61 MELBOURNE DRIVE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 61 on MELBOURNE DRIVE.