58, MERIDIAN RISE, IPSWICH, IP4 2GA - £345,000

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.

58 MERIDIAN RISE is a large detached house of 131m², which could now be worth an estimated £392,567. It was last sold for £345,000 in December 2018, which was around 1% below the average December 2018 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

58 MERIDIAN RISE Sold Prices

Land registry data shows two sales for 58 MERIDIAN RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. One of the two 58 MERIDIAN RISE sales was for below the average price, whilst the other was 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 10 DEC	£345,000	£349,639	1% below HPI
2014 27 JUN	£300,000	£260,481	15% above HPI

58 MERIDIAN RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 58 MERIDIAN RISE sales from June 2014 and December 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 June 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 58 MERIDIAN RISE be worth now?

58 MERIDIAN RISE might now be worth an estimated £392,567.

This is based on house price inflation of 13.8%, between December 2018 and February 2025, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 58 MERIDIAN RISE of £345,000 on 10th December 2018. For the value to have increased from £345,000 to £392,567 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 58 MERIDIAN RISE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The December 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 58 MERIDIAN RISE has not materially changed since December 2018.

How Large is 58 MERIDIAN RISE?

58 MERIDIAN RISE is 131m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 58 MERIDIAN RISE lies on this distribution: 67% of detached houses houses are smaller than 58 MERIDIAN RISE, and 32% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

58 MERIDIAN RISE: Plot and Title Map

58 MERIDIAN RISE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 58 MERIDIAN RISE, 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 58 MERIDIAN RISE). 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 58 MERIDIAN RISE?

58 MERIDIAN RISE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 58 on MERIDIAN RISE.