6, GLEBE WAY, MENDLESHAM, STOWMARKET, IP14 5TL - £258,000

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

6 GLEBE WAY is a midsized detached house of 101m², built sometime between 1976 and 1982. It was last sold for £258,000 in August 2016, which was around 23% below the average August 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

6 GLEBE WAY Sold Prices

Land registry data shows five sales for 6 GLEBE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the five 6 GLEBE WAY 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
2016 4 AUG	£258,000	£335,932	23% below HPI
2013 14 JAN	£195,000	£257,771	24% below HPI
2006 31 JUL	£174,500	£245,390	29% below HPI
2003 12 DEC	£165,000	£213,044	23% below HPI
1998 15 MAY	£78,500	£93,146	16% below HPI

6 GLEBE WAY 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 five 6 GLEBE WAY sales between May 1998 and August 2016 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 January 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 6 GLEBE WAY?

6 GLEBE WAY is 101m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 6 GLEBE WAY lies on this distribution: 47% of detached houses are smaller than 6 GLEBE WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

6 GLEBE WAY: Plot and Title Map

6 GLEBE WAY sits on a plot of roughly 0.094 of an acre, or 378m². The below map shows the location of 6 GLEBE WAY, 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 6 GLEBE WAY). 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 6 GLEBE WAY?

6 GLEBE WAY is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 6 on GLEBE WAY.