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

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.

1 THE DEBENSIDE is a midsized detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £420,785. 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	£366,961	1% below HPI
2002 28 JUN	£172,500	£156,170	10% above HPI
1996 11 NOV	£84,500	£77,091	10% above HPI
1996 25 APR	£87,000	£73,679	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.

What might 1 THE DEBENSIDE be worth now?

1 THE DEBENSIDE might now be worth an estimated £420,785.

This is based on house price inflation of 15.3%, between September 2020 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 1 THE DEBENSIDE of £365,000 on 11th September 2020. For the value to have increased from £365,000 to £420,785 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 THE DEBENSIDE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE DEBENSIDE has not materially changed since September 2020.

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 houses in Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton, and where 1 THE DEBENSIDE lies on this distribution: 44% of detached houses houses are smaller than 1 THE DEBENSIDE, and 55% 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.