11, GLEBE WAY, MENDLESHAM, STOWMARKET, IP14 5TL - £80,000

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

11 GLEBE WAY is a midsized extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £80,000 in September 1999, which was around 28% below the average September 1999 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

11 GLEBE WAY Sold Prices

Land registry data shows four sales for 11 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 11 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
1999 17 SEP	£80,000	£110,461	28% below HPI
1998 9 OCT	£74,000	£101,611	27% below HPI
1995 27 OCT	£58,500	£78,118	25% below HPI
1995 20 OCT	£60,000	£78,118	23% below HPI

11 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 11 GLEBE WAY sales between October 1995 and September 1999 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 October 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 1999 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 11 GLEBE WAY?

11 GLEBE WAY is 102m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 11 GLEBE WAY lies on this distribution: 49% of detached houses are smaller than 11 GLEBE WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

11 GLEBE WAY: Plot and Title Map

11 GLEBE WAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 11 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 11 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 11 GLEBE WAY?

11 GLEBE WAY is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 11 on GLEBE WAY.