5, GARROD APPROACH, MELTON, WOODBRIDGE, IP12 1TD - £315,000

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

5 GARROD APPROACH is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £315,000 in June 2006, which was around 39% above the average June 2006 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

5 GARROD APPROACH Sold Prices

Land registry data shows two sales for 5 GARROD APPROACH 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 5 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
2006 16 JUN	£315,000	£225,842	39% above HPI
2000 20 MAR	£140,000	£103,539	35% above HPI

5 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 two 5 GARROD APPROACH sales from March 2000 and June 2006 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 March 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2006 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 5 GARROD APPROACH?

5 GARROD APPROACH is 94m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 5 GARROD APPROACH lies on this distribution: 25% of detached houses are smaller than 5 GARROD APPROACH, and 75% of houses are larger. Note that EPC data is not available for all properties in Melton.

5 GARROD APPROACH: Plot and Title Map

5 GARROD APPROACH sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 5 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 5 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 5 GARROD APPROACH?

5 GARROD APPROACH is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 5 on GARROD APPROACH.