15, CAGES WAY, MELTON, WOODBRIDGE, IP12 1TE - £425,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 CAGES WAY is a very large detached house of 188m², built sometime between 1996 and 2002. It was last sold for £425,000 in May 2009, which was around 90% above the average May 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

15 CAGES WAY Sold Prices

Land registry data shows four sales for 15 CAGES 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 15 CAGES WAY 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
2009 8 MAY	£425,000	£223,526	90% above HPI
2005 20 OCT	£375,000	£227,208	65% above HPI
2002 29 MAY	£285,000	£153,113	86% above HPI
2000 4 AUG	£285,000	£118,997	140% above HPI

15 CAGES 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 15 CAGES WAY sales between August 2000 and May 2009 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 2005 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2009 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 15 CAGES WAY?

15 CAGES WAY is 188m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where 15 CAGES WAY lies on this distribution: 81% of detached houses are smaller than 15 CAGES WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Melton.

15 CAGES WAY: Plot and Title Map

15 CAGES WAY sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 15 CAGES 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 15 CAGES 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 15 CAGES WAY?

15 CAGES WAY is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 15 on CAGES WAY.