FLAT 6, MILL STREET MEWS, 18, MILL STREET, MILDENHALL, BURY ST. EDMUNDS, IP28 7DP - £72,000

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.

FLAT 6 MILL STREET MEWS is a very small terraced house of 27m², built sometime between 1991 and 1995, which could now be worth an estimated £131,140. It was last sold for £72,000 in July 2006, which was around 43% below the average July 2006 terraced price in the West Suffolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

FLAT 6 MILL STREET MEWS Sold Prices

Land registry data shows three sales for FLAT 6 MILL STREET MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the three FLAT 6 MILL STREET MEWS 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
2006 10 JUL	£72,000	£127,108	43% below HPI
2001 2 FEB	£36,000	£59,996	40% below HPI
2000 4 FEB	£31,500	£54,110	42% below HPI

FLAT 6 MILL STREET MEWS 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 three FLAT 6 MILL STREET MEWS sales between February 2000 and July 2006 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 February 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2006 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might FLAT 6 MILL STREET MEWS be worth now?

FLAT 6 MILL STREET MEWS might now be worth an estimated £131,140.

This is based on house price inflation of 82.1%, between July 2006 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 82.1% inflationary increase is applied to the most recent sale price for FLAT 6 MILL STREET MEWS of £72,000 on 10th July 2006. For the value to have increased from £72,000 to £131,140 over the nineteen years and one month to June 2025, the following assumptions must hold true:

• The value of FLAT 6 MILL STREET MEWS has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The July 2006 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 6 MILL STREET MEWS has not materially changed since July 2006.

How Large is FLAT 6 MILL STREET MEWS?

FLAT 6 MILL STREET MEWS is 27m² according to the EPC inspection conducted in November 2008. 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 FLAT 6 MILL STREET MEWS lies on this distribution: Less than 1% of terraced houses houses are smaller than FLAT 6 MILL STREET MEWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.

FLAT 6 MILL STREET MEWS: Plot and Title Map

FLAT 6 MILL STREET MEWS sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of FLAT 6 MILL STREET MEWS, 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 FLAT 6 MILL STREET MEWS). 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 FLAT 6 MILL STREET MEWS?

FLAT 6, MILL STREET MEWS is located on MILL STREET in MILDENHALL, in the IP28 postcode district. The below map shows the position of FLAT 6, MILL STREET MEWS on MILL STREET.