7, MELFORD WAY, FELIXSTOWE, IP11 2UE - £48,460

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

7 MELFORD WAY is a large extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £48,460 in September 1999, which was around 52% below the average September 1999 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

7 MELFORD WAY Sold Prices

Land registry data shows two sales for 7 MELFORD WAY 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 7 MELFORD 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
1999 1 SEP	£48,460	£100,856	52% below HPI
1997 22 AUG	£80,000	£83,677	4% below HPI

7 MELFORD WAY 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 7 MELFORD WAY sales from August 1997 and September 1999 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 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 1999 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 7 MELFORD WAY?

7 MELFORD WAY is 123m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 7 MELFORD WAY lies on this distribution: 64% of detached houses are smaller than 7 MELFORD WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

7 MELFORD WAY: Plot and Title Map

7 MELFORD WAY sits on a plot of roughly 0.132 of an acre, or 532m². The below map shows the location of 7 MELFORD 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 7 MELFORD 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 7 MELFORD WAY?

7 MELFORD WAY is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 7 on MELFORD WAY.