7, CHARLES MELROSE CLOSE, MILDENHALL, BURY ST. EDMUNDS, IP28 7BA - £195,000

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.

7 CHARLES MELROSE CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £367,773. It was last sold for £195,000 in June 2005, which was around 18% below the average June 2005 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

7 CHARLES MELROSE CLOSE Sold Prices

Land registry data shows two sales for 7 CHARLES MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 7 CHARLES MELROSE CLOSE 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
2005 20 JUN	£195,000	£237,931	18% below HPI
2002 12 JUL	£176,950	£187,838	6% below HPI

7 CHARLES MELROSE CLOSE 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 two 7 CHARLES MELROSE CLOSE sales from July 2002 and June 2005 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 July 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2005 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 CHARLES MELROSE CLOSE be worth now?

7 CHARLES MELROSE CLOSE might now be worth an estimated £367,773.

This is based on house price inflation of 88.6%, between June 2005 and March 2025, for detached 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 88.6% inflationary increase is applied to the most recent sale price for 7 CHARLES MELROSE CLOSE of £195,000 on 20th June 2005. For the value to have increased from £195,000 to £367,773 over the twenty years and three months to March 2025, the following assumptions must hold true:

• The value of 7 CHARLES MELROSE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2005 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHARLES MELROSE CLOSE has not materially changed since June 2005.

How Large is 7 CHARLES MELROSE CLOSE?

7 CHARLES MELROSE CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mildenhall, and where 7 CHARLES MELROSE CLOSE lies on this distribution: 38% of detached houses houses are smaller than 7 CHARLES MELROSE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

7 CHARLES MELROSE CLOSE: Plot and Title Map

7 CHARLES MELROSE CLOSE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 7 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 7 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 7 CHARLES MELROSE CLOSE?

7 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 7 on CHARLES MELROSE CLOSE.