27, MELFORD WAY, FELIXSTOWE, IP11 2UF - £270,000

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

27 MELFORD WAY is a small detached house of 99m², built sometime between 1976 and 1982. It was last sold for £270,000 in July 2018, which was around 24% below the average July 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

27 MELFORD WAY Sold Prices

Land registry data shows three sales for 27 MELFORD WAY 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 27 MELFORD WAY sales were 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
2018 25 JUL	£270,000	£354,036	24% below HPI
2007 24 AUG	£170,000	£261,746	35% below HPI
1996 20 DEC	£59,000	£77,874	24% below HPI

27 MELFORD 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 three 27 MELFORD WAY sales between December 1996 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 August 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 27 MELFORD WAY?

27 MELFORD WAY is 99m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 27 MELFORD WAY lies on this distribution: 40% of detached houses are smaller than 27 MELFORD WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

27 MELFORD WAY: Plot and Title Map

27 MELFORD WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 27 MELFORD 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 27 MELFORD 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 27 MELFORD WAY?

27 MELFORD WAY is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 27 on MELFORD WAY.