39, OLD MARKET STREET, MENDLESHAM, STOWMARKET, IP14 5RZ - £195,000

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

39 OLD MARKET STREET is a very small extended detached house of 53m², built sometime before 1900. It was last sold for £195,000 in August 2021, which was around 50% below the average August 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was B.

39 OLD MARKET STREET Sold Prices

Land registry data shows seven sales for 39 OLD MARKET STREET since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the seven 39 OLD MARKET STREET 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
2021 12 AUG	£195,000	£388,759	50% below HPI
2017 23 AUG	£164,000	£364,938	55% below HPI
2014 31 JAN	£108,500	£275,529	61% below HPI
2008 31 OCT	£115,000	£260,871	56% below HPI
2000 14 APR	£51,500	£118,591	57% below HPI
1998 9 FEB	£42,500	£92,585	54% below HPI
1995 11 AUG	£41,000	£78,904	48% below HPI

39 OLD MARKET STREET 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 seven 39 OLD MARKET STREET sales between August 1995 and August 2021 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 2017 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2021 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 39 OLD MARKET STREET?

39 OLD MARKET STREET is 53m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 39 OLD MARKET STREET lies on this distribution: 1% of detached houses are smaller than 39 OLD MARKET STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

39 OLD MARKET STREET: Plot and Title Map

39 OLD MARKET STREET sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 39 OLD MARKET STREET, 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 39 OLD MARKET STREET). 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 39 OLD MARKET STREET?

39 OLD MARKET STREET is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 39 on OLD MARKET STREET.