CHERRY TREES, FOLLY ROAD, MILDENHALL, BURY ST EDMUNDS, IP28 7AD - £195,000

CHERRY TREES is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2015, which was around 39% below the average July 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

CHERRY TREES Sold Prices

Land registry data shows two sales for CHERRY TREES 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 CHERRY TREES 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
2015 21 JUL	£195,000	£319,308	39% below HPI
1997 12 DEC	£79,950	£91,870	13% below HPI

CHERRY TREES 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 CHERRY TREES sales from December 1997 and July 2015 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 December 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 96m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where CHERRY TREES lies on this distribution: 40% of detached houses are smaller than CHERRY TREES, and 59% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of CHERRY TREES, 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 CHERRY TREES). 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 CHERRY TREES?

CHERRY TREES is located on FOLLY ROAD in MILDENHALL, in the IP28 postcode district. The below map shows the position of CHERRY TREES on FOLLY ROAD.