24, BURROWS ROAD, MELTON, WOODBRIDGE, IP12 1GN - £600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 BURROWS ROAD is a very large detached house of 202m², built sometime between 1983 and 1990, which could now be worth an estimated £720,456. It was last sold for £600,000 in June 2020, which was around 70% above the average June 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

24 BURROWS ROAD Sold Prices

Land registry data shows three sales for 24 BURROWS 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. All of the three 24 BURROWS ROAD 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
2020 25 JUN	£600,000	£352,315	70% above HPI
2007 3 AUG	£475,000	£261,787	81% above HPI
1998 1 MAY	£183,000	£85,593	114% above HPI

24 BURROWS 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 24 BURROWS ROAD sales between May 1998 and June 2020 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 August 2007 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the June 2020 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 24 BURROWS ROAD be worth now?

24 BURROWS ROAD might now be worth an estimated £720,456.

This is based on house price inflation of 20.1%, between June 2020 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 24 BURROWS ROAD of £600,000 on 25th June 2020. For the value to have increased from £600,000 to £720,456 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 24 BURROWS ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BURROWS ROAD has not materially changed since June 2020.

How Large is 24 BURROWS ROAD?

24 BURROWS ROAD is 202m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses houses in Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton, and where 24 BURROWS ROAD lies on this distribution: 85% of detached houses houses are smaller than 24 BURROWS ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Melton.

24 BURROWS ROAD: Plot and Title Map

24 BURROWS ROAD sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 24 BURROWS 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 24 BURROWS 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 24 BURROWS ROAD?

24 BURROWS ROAD is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 24 on BURROWS ROAD.