3, MAYFIELD WAY, MENDLESHAM, STOWMARKET, IP14 5SH - £145,500

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

3 MAYFIELD WAY is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £145,500 in April 2006, which was around 38% below the average April 2006 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

3 MAYFIELD WAY Sold Prices

Land registry data shows two sales for 3 MAYFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 3 MAYFIELD 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
2006 10 APR	£145,500	£236,419	38% below HPI
2003 14 NOV	£130,000	£210,407	38% below HPI

3 MAYFIELD 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 two 3 MAYFIELD WAY sales from November 2003 and April 2006 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 November 2003 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2006 sale, which was also at 38% below the HPI.

How Large is 3 MAYFIELD WAY?

3 MAYFIELD WAY is 77m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 3 MAYFIELD WAY lies on this distribution: 14% of detached houses are smaller than 3 MAYFIELD WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

3 MAYFIELD WAY: Plot and Title Map

3 MAYFIELD WAY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 3 MAYFIELD 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 3 MAYFIELD 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 3 MAYFIELD WAY?

3 MAYFIELD WAY is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 3 on MAYFIELD WAY.