2, MINSMERE RISE, MIDDLETON, SAXMUNDHAM, IP17 3PA - £490,000

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 MINSMERE RISE is a midsized extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £490,000 in November 2019, which was around 39% above the average November 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was D.

2 MINSMERE RISE Sold Prices

Land registry data shows two sales for 2 MINSMERE RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 2 MINSMERE RISE 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
2019 26 NOV	£490,000	£352,095	39% above HPI
2012 27 JAN	£280,000	£260,137	8% above HPI

2 MINSMERE RISE 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 two 2 MINSMERE RISE sales from January 2012 and November 2019 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 January 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 2 MINSMERE RISE?

2 MINSMERE RISE is 126m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton, and where 2 MINSMERE RISE lies on this distribution: 53% of detached houses are smaller than 2 MINSMERE RISE, and 44% of houses are larger. Note that EPC data is not available for all properties in Middleton.

2 MINSMERE RISE: Plot and Title Map

2 MINSMERE RISE sits on a plot of roughly 0.256 of an acre, or 1,035m². The below map shows the location of 2 MINSMERE RISE, 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 MINSMERE RISE). 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 MINSMERE RISE?

2 MINSMERE RISE is located in MIDDLETON, in the IP17 postcode district. The below map shows the position of No. 2 on MINSMERE RISE.