141, MELFORD WAY, FELIXSTOWE, IP11 2UH - £332,500

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

141 MELFORD WAY is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £332,500 in November 2021, which was around 17% below the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

141 MELFORD WAY Sold Prices

Land registry data shows four sales for 141 MELFORD 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 East Suffolk local authority area for the corresponding sale date. All of the four 141 MELFORD 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 10 NOV	£332,500	£402,968	17% below HPI
2016 7 OCT	£285,000	£324,487	12% below HPI
2011 22 JUN	£194,000	£253,490	23% below HPI
2001 10 AUG	£119,000	£134,767	12% below HPI

141 MELFORD WAY 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 141 MELFORD WAY sales between August 2001 and November 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 October 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 141 MELFORD WAY?

141 MELFORD WAY is 93m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 141 MELFORD WAY lies on this distribution: 32% of detached houses are smaller than 141 MELFORD WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

141 MELFORD WAY: Plot and Title Map

141 MELFORD WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 141 MELFORD 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 141 MELFORD 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 141 MELFORD WAY?

141 MELFORD WAY is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 141 on MELFORD WAY.