3, THE DEBENSIDE, MELTON, WOODBRIDGE, IP12 1SR - £390,000

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 THE DEBENSIDE is a midsized detached house of 118m², built sometime between 1991 and 1995. It was last sold for £390,000 in November 2020, which was around 3% above the average November 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

3 THE DEBENSIDE Sold Prices

Land registry data shows three sales for 3 THE DEBENSIDE 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 3 THE DEBENSIDE 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 5 NOV	£390,000	£379,967	3% above HPI
2013 11 OCT	£275,000	£266,648	3% above HPI
2002 5 JUL	£176,000	£158,620	11% above HPI

3 THE DEBENSIDE 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 3 THE DEBENSIDE sales between July 2002 and November 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 October 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2020 sale, which was also at 3% above the HPI.

How Large is 3 THE DEBENSIDE?

3 THE DEBENSIDE is 118m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where 3 THE DEBENSIDE lies on this distribution: 43% of detached houses are smaller than 3 THE DEBENSIDE, and 57% of houses are larger. Note that EPC data is not available for all properties in Melton.

3 THE DEBENSIDE: Plot and Title Map

3 THE DEBENSIDE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 3 THE DEBENSIDE, 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 THE DEBENSIDE). 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 THE DEBENSIDE?

3 THE DEBENSIDE is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 3 on THE DEBENSIDE.