62, MELBOURNE ROAD, IPSWICH, IP4 5PP - £475,000

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

62 MELBOURNE ROAD is a very large extended detached house of 201m², built sometime between 1930 and 1949. It was last sold for £475,000 in April 2021, which was around 35% above the average April 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

62 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 62 MELBOURNE ROAD 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. Both of the two 62 MELBOURNE ROAD 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
2021 30 APR	£475,000	£351,634	35% above HPI
1996 17 MAY	£82,500	£69,208	19% above HPI

62 MELBOURNE ROAD 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 62 MELBOURNE ROAD sales from May 1996 and April 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 May 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 62 MELBOURNE ROAD?

62 MELBOURNE ROAD is 201m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 62 MELBOURNE ROAD lies on this distribution: 92% of detached houses are smaller than 62 MELBOURNE ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

62 MELBOURNE ROAD: Plot and Title Map

62 MELBOURNE ROAD sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 62 MELBOURNE ROAD, 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 62 MELBOURNE ROAD). 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 62 MELBOURNE ROAD?

62 MELBOURNE ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 62 on MELBOURNE ROAD.