1, THE DEBENSIDE, MELTON, WOODBRIDGE, IP12 1SR - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE DEBENSIDE is a midsized detached house of 120m², built sometime between 1991 and 1995. It was last sold for £365,000 in September 2020, which was around 1% below the average September 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

1 THE DEBENSIDE Sold Prices

Land registry data shows four sales for 1 THE DEBENSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 1 THE DEBENSIDE sales were for above 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
2020 11 SEP	£365,000	£366,905	1% below HPI
2002 28 JUN	£172,500	£156,145	10% above HPI
1996 11 NOV	£84,500	£77,080	10% above HPI
1996 25 APR	£87,000	£73,667	18% above HPI

1 THE DEBENSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 1 THE DEBENSIDE sales between April 1996 and September 2020 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 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 THE DEBENSIDE?

1 THE DEBENSIDE is 120m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where 1 THE DEBENSIDE lies on this distribution: 45% of detached houses are smaller than 1 THE DEBENSIDE, and 54% of houses are larger. Note that EPC data is not available for all properties in Melton.

1 THE DEBENSIDE: Plot and Title Map

1 THE DEBENSIDE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 THE DEBENSIDE, 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 1 THE DEBENSIDE). 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 1 THE DEBENSIDE?

1 THE DEBENSIDE is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 1 on THE DEBENSIDE.