2, CALDER ROAD, MELTON, WOODBRIDGE, IP12 1TP - £320,000

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

2 CALDER ROAD is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £320,000 in August 2010, which was around 25% above the average August 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

2 CALDER ROAD Sold Prices

Land registry data shows three sales for 2 CALDER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 2 CALDER ROAD sales were for above the average price, whilst one was 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
2010 20 AUG	£320,000	£256,628	25% above HPI
2004 7 MAY	£290,000	£211,686	37% above HPI
2002 24 APR	£125,000	£147,343	15% below HPI

2 CALDER ROAD 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 three 2 CALDER ROAD sales between April 2002 and August 2010 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 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2010 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 CALDER ROAD?

2 CALDER ROAD is 101m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where 2 CALDER ROAD lies on this distribution: 32% of detached houses are smaller than 2 CALDER ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Melton.

2 CALDER ROAD: Plot and Title Map

2 CALDER ROAD sits on a plot of roughly 0.328 of an acre, or 1,328m². The below map shows the location of 2 CALDER 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 2 CALDER 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 2 CALDER ROAD?

2 CALDER ROAD is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 2 on CALDER ROAD.