145, MELFORD ROAD, STOWMARKET, IP14 2PT - £166,000

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

145 MELFORD ROAD is a small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £166,000 in April 2012, which was around 36% below the average April 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

145 MELFORD ROAD Sold Prices

Land registry data shows two sales for 145 MELFORD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 145 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
2012 3 APR	£166,000	£261,108	36% below HPI
1998 30 APR	£63,500	£95,998	34% below HPI

145 MELFORD ROAD 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 two 145 MELFORD ROAD sales from April 1998 and April 2012 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 April 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 145 MELFORD ROAD be worth now?

145 MELFORD ROAD might now be worth an estimated £280,475.

This is based on house price inflation of 69%, between April 2012 and December 2024, for 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 69% inflationary increase is applied to the most recent sale price for 145 MELFORD ROAD of £166,000 on 3rd April 2012. For the value to have increased from £166,000 to £280,475 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 145 MELFORD ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The April 2012 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 145 MELFORD ROAD has not materially changed since April 2012.

How Large is 145 MELFORD ROAD?

145 MELFORD ROAD is 88m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stowmarket, and where 145 MELFORD ROAD lies on this distribution: 35% of detached houses houses are smaller than 145 MELFORD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

145 MELFORD ROAD: Plot and Title Map

145 MELFORD ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 145 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 145 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 145 MELFORD ROAD?

145 MELFORD ROAD is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 145 on MELFORD ROAD.