41, GARROD APPROACH, MELTON, WOODBRIDGE, IP12 1TD - £399,950

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

41 GARROD APPROACH is a large detached house of 164m², built sometime between 1996 and 2002. It was last sold for £399,950 in June 2011, which was around 58% above the average June 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

41 GARROD APPROACH Sold Prices

Land registry data shows three sales for 41 GARROD APPROACH 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 41 GARROD APPROACH 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
2011 13 JUN	£399,950	£253,490	58% above HPI
2005 21 OCT	£382,500	£227,208	68% above HPI
2002 14 NOV	£310,000	£176,508	76% above HPI

41 GARROD APPROACH 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 41 GARROD APPROACH sales between November 2002 and June 2011 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 2005 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the June 2011 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 41 GARROD APPROACH?

41 GARROD APPROACH is 164m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where 41 GARROD APPROACH lies on this distribution: 75% of detached houses are smaller than 41 GARROD APPROACH, and 25% of houses are larger. Note that EPC data is not available for all properties in Melton.

41 GARROD APPROACH: Plot and Title Map

41 GARROD APPROACH sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 41 GARROD APPROACH, 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 41 GARROD APPROACH). 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 41 GARROD APPROACH?

41 GARROD APPROACH is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 41 on GARROD APPROACH.