3, OLD ORCHARD, MENDLESHAM, STOWMARKET, IP14 5TY - £385,000

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

3 OLD ORCHARD is a large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £385,000 in May 2018, which was around 5% above the average May 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

3 OLD ORCHARD Sold Prices

Land registry data shows two sales for 3 OLD ORCHARD 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 OLD ORCHARD 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
2018 30 MAY	£385,000	£368,187	5% above HPI
2002 10 MAY	£197,500	£169,846	16% above HPI

3 OLD ORCHARD 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 OLD ORCHARD sales from May 2002 and May 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 May 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 OLD ORCHARD?

3 OLD ORCHARD is 141m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% 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 OLD ORCHARD lies on this distribution: 80% of detached houses are smaller than 3 OLD ORCHARD, and 20% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

3 OLD ORCHARD: Plot and Title Map

3 OLD ORCHARD sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 3 OLD ORCHARD, 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 OLD ORCHARD). 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 OLD ORCHARD?

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