18, GLEBE WAY, MENDLESHAM, STOWMARKET, IP14 5TL - £237,000

18 GLEBE WAY is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £237,000 in February 2021, which was around 40% below the average February 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

18 GLEBE WAY Sold Prices

Land registry data shows four sales for 18 GLEBE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 18 GLEBE WAY 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
2021 11 FEB	£237,000	£391,984	40% below HPI
2017 16 JUN	£212,500	£356,082	40% below HPI
2005 16 MAY	£145,000	£229,916	37% below HPI
2003 14 FEB	£115,000	£191,086	40% below HPI

18 GLEBE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 18 GLEBE WAY sales between February 2003 and February 2021 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 June 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2021 sale, which was also at 40% below the HPI.

How Large is 18 GLEBE WAY?

18 GLEBE WAY is 68m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 18 GLEBE WAY lies on this distribution: 9% of detached houses are smaller than 18 GLEBE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

18 GLEBE WAY: Plot and Title Map

18 GLEBE WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 18 GLEBE WAY, 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 18 GLEBE WAY). 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 18 GLEBE WAY?

18 GLEBE WAY is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 18 on GLEBE WAY.