6, LUFF MEADOW, NEEDHAM MARKET, IPSWICH, IP6 8DP - £250,000

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.

6 LUFF MEADOW is a very small semi-detached house of 49m², built sometime between 1991 and 1995, which could now be worth an estimated £257,377. It was last sold for £250,000 in February 2023, which was around 10% below the average February 2023 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

6 LUFF MEADOW Sold Prices

Land registry data shows two sales for 6 LUFF MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 6 LUFF MEADOW 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
2023 23 FEB	£250,000	£276,380	10% below HPI
1995 20 JAN	£55,500	£49,701	12% above HPI

6 LUFF MEADOW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 6 LUFF MEADOW sales from January 1995 and February 2023 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 1995 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 6 LUFF MEADOW be worth now?

6 LUFF MEADOW might now be worth an estimated £257,377.

This is based on house price inflation of 3%, between February 2023 and February 2025, for semi-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 3% inflationary increase is applied to the most recent sale price for 6 LUFF MEADOW of £250,000 on 23rd February 2023. For the value to have increased from £250,000 to £257,377 over the two years to February 2025, the following assumptions must hold true:

• The value of 6 LUFF MEADOW has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The February 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LUFF MEADOW has not materially changed since February 2023.

How Large is 6 LUFF MEADOW?

6 LUFF MEADOW is 49m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of semi-detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Needham Market, and where 6 LUFF MEADOW lies on this distribution: 1% of semi-detached houses houses are smaller than 6 LUFF MEADOW, and 99% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

6 LUFF MEADOW: Plot and Title Map

6 LUFF MEADOW sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 6 LUFF MEADOW, 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 LUFF MEADOW). 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 LUFF MEADOW?

6 LUFF MEADOW is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 6 on LUFF MEADOW.