71, RIVERVIEW, MELTON, WOODBRIDGE, IP12 1QU - £246,500

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

71 RIVERVIEW is a very small semi-detached house of 69m², built sometime between 1967 and 1975. It was last sold for £246,500 in May 2016, which was around 20% below the average May 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

71 RIVERVIEW Sold Prices

Land registry data shows two sales for 71 RIVERVIEW 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 71 RIVERVIEW 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 13 MAY	£246,500	£307,292	20% below HPI
2001 25 OCT	£114,000	£141,875	20% below HPI

71 RIVERVIEW 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 71 RIVERVIEW sales from October 2001 and May 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 October 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, which was also at 20% below the HPI.

How Large is 71 RIVERVIEW?

71 RIVERVIEW is 69m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where 71 RIVERVIEW lies on this distribution: 8% of detached houses are smaller than 71 RIVERVIEW, and 92% of houses are larger. Note that EPC data is not available for all properties in Melton.

71 RIVERVIEW: Plot and Title Map

71 RIVERVIEW sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 71 RIVERVIEW, 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 71 RIVERVIEW). 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 71 RIVERVIEW?

71 RIVERVIEW is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 71 on RIVERVIEW.