5, MEADOW VIEW, NEEDHAM MARKET, IPSWICH, IP6 8RH - £505,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MEADOW VIEW is a large detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £604,526. It was last sold for £505,000 in June 2018, which was around 33% above the average June 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

5 MEADOW VIEW Sold Prices

Land registry data shows four sales for 5 MEADOW VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 5 MEADOW VIEW 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
2018 19 JUN	£505,000	£380,782	33% above HPI
2004 8 APR	£320,000	£211,289	51% above HPI
2003 28 MAR	£307,000	£197,843	55% above HPI
2001 15 MAR	£235,000	£134,924	74% above HPI

5 MEADOW VIEW 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 four 5 MEADOW VIEW sales between March 2001 and June 2018 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 April 2004 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2018 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5 MEADOW VIEW be worth now?

5 MEADOW VIEW might now be worth an estimated £604,526.

This is based on house price inflation of 19.7%, between June 2018 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for 5 MEADOW VIEW of £505,000 on 19th June 2018. For the value to have increased from £505,000 to £604,526 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 5 MEADOW VIEW has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2018 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADOW VIEW has not materially changed since June 2018.

How Large is 5 MEADOW VIEW?

5 MEADOW VIEW is 119m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where 5 MEADOW VIEW lies on this distribution: 62% of detached houses houses are smaller than 5 MEADOW VIEW, and 37% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

5 MEADOW VIEW: Plot and Title Map

5 MEADOW VIEW sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 5 MEADOW VIEW, 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 MEADOW VIEW). 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 MEADOW VIEW?

5 MEADOW VIEW is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 5 on MEADOW VIEW.