4, MINDEN DRIVE, LEISTON, IP16 4EE - £240,000

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

4 MINDEN DRIVE is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £240,000 in October 2014, which was around 17% below the average October 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

4 MINDEN DRIVE Sold Prices

Land registry data shows two sales for 4 MINDEN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 4 MINDEN DRIVE 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
2014 24 OCT	£240,000	£288,072	17% below HPI
2014 7 FEB	£165,000	£262,812	37% below HPI

4 MINDEN DRIVE 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 two 4 MINDEN DRIVE sales from February 2014 and October 2014 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 February 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 MINDEN DRIVE?

4 MINDEN DRIVE is 91m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Leiston, based on EPC data. The below chart shows the distribution of detached houses by size in Leiston, and where 4 MINDEN DRIVE lies on this distribution: 23% of detached houses are smaller than 4 MINDEN DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Leiston.

4 MINDEN DRIVE: Plot and Title Map

4 MINDEN DRIVE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 4 MINDEN DRIVE, 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 4 MINDEN DRIVE). 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 4 MINDEN DRIVE?

4 MINDEN DRIVE is located in LEISTON, in the IP16 postcode district. The below map shows the position of No. 4 on MINDEN DRIVE.