5, MINDEN DRIVE, LEISTON, IP16 4EE - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MINDEN DRIVE is a large extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £380,447. It was last sold for £340,000 in August 2021, which was around 10% below the average August 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

5 MINDEN DRIVE Sold Prices

Land registry data shows two sales for 5 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 5 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
2021 17 AUG	£340,000	£378,070	10% below HPI
2000 3 AUG	£100,000	£119,015	16% below HPI

5 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 5 MINDEN DRIVE sales from August 2000 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 MINDEN DRIVE be worth now?

5 MINDEN DRIVE might now be worth an estimated £380,447.

This is based on house price inflation of 11.9%, between August 2021 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.9% inflationary increase is applied to the most recent sale price for 5 MINDEN DRIVE of £340,000 on 17th August 2021. For the value to have increased from £340,000 to £380,447 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MINDEN DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MINDEN DRIVE has not materially changed since August 2021.

How Large is 5 MINDEN DRIVE?

5 MINDEN DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses houses in Leiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leiston, and where 5 MINDEN DRIVE lies on this distribution: 60% of detached houses houses are smaller than 5 MINDEN DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Leiston.

5 MINDEN DRIVE: Plot and Title Map

5 MINDEN DRIVE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 5 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 5 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 5 MINDEN DRIVE?

5 MINDEN DRIVE is located in LEISTON, in the IP16 postcode district. The below map shows the position of No. 5 on MINDEN DRIVE.