115, MELFORD ROAD, STOWMARKET, IP14 2PT - £115,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

115 MELFORD ROAD is a very small semi-detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £111,833. It was last sold for £115,000 in October 2024, which was around 60% below the average October 2024 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

115 MELFORD ROAD Sold Prices

Land registry data shows three sales for 115 MELFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 115 MELFORD ROAD 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
2024 29 OCT	£115,000	£284,109	60% below HPI
1999 26 MAY	£34,000	£66,007	48% below HPI
1996 25 OCT	£25,000	£50,861	51% below HPI

115 MELFORD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 115 MELFORD ROAD sales between October 1996 and October 2024 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 May 1999 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2024 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 115 MELFORD ROAD be worth now?

115 MELFORD ROAD might now be worth an estimated £111,833.

This is based on house price deflation of 2.8%, between October 2024 and December 2024, for semi-detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 115 MELFORD ROAD of £115,000 on 29th October 2024. For the value to have decreased from £115,000 to £111,833 over the ten months to December 2024, the following assumptions must hold true:

• The value of 115 MELFORD ROAD has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The October 2024 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 115 MELFORD ROAD has not materially changed since October 2024.

How Large is 115 MELFORD ROAD?

115 MELFORD ROAD is 60m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of semi-detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stowmarket, and where 115 MELFORD ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 115 MELFORD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

115 MELFORD ROAD: Plot and Title Map

115 MELFORD ROAD sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 115 MELFORD ROAD, 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 115 MELFORD ROAD). 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 115 MELFORD ROAD?

115 MELFORD ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 115 on MELFORD ROAD.