15, GLEBE WAY, MENDLESHAM, STOWMARKET, IP14 5TL - £415,000

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

15 GLEBE WAY is a very large extended detached house of 187m², built sometime between 1983 and 1990. It was last sold for £415,000 in July 2018, which was around 11% above the average July 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

15 GLEBE WAY Sold Prices

Land registry data shows four sales for 15 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 15 GLEBE 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
2018 13 JUL	£415,000	£375,088	11% above HPI
2007 2 MAY	£326,000	£263,628	24% above HPI
2002 4 OCT	£238,000	£186,670	27% above HPI
1995 29 SEP	£87,000	£78,984	10% above HPI

15 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 15 GLEBE WAY sales between September 1995 and July 2018 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 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 15 GLEBE WAY?

15 GLEBE WAY is 187m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 10% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 15 GLEBE WAY lies on this distribution: 96% of detached houses are smaller than 15 GLEBE WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

15 GLEBE WAY: Plot and Title Map

15 GLEBE WAY sits on a plot of roughly 0.340 of an acre, or 1,377m². The below map shows the location of 15 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 15 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 15 GLEBE WAY?

15 GLEBE WAY is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 15 on GLEBE WAY.