81, MERIDIAN RISE, IPSWICH, IP4 2GF - £175,000

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

81 MERIDIAN RISE is a very small detached house of 65m². It was last sold for £175,000 in September 2017, which was around 47% below the average September 2017 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

81 MERIDIAN RISE Sold Prices

Land registry data shows two sales for 81 MERIDIAN RISE 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 81 MERIDIAN RISE 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
2017 22 SEP	£175,000	£333,219	47% below HPI
2014 28 NOV	£145,000	£260,828	44% below HPI

81 MERIDIAN RISE 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 81 MERIDIAN RISE sales from November 2014 and September 2017 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 November 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2017 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 81 MERIDIAN RISE?

81 MERIDIAN RISE is 65m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 81 MERIDIAN RISE lies on this distribution: 3% of detached houses are smaller than 81 MERIDIAN RISE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

81 MERIDIAN RISE: Plot and Title Map

81 MERIDIAN RISE sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 81 MERIDIAN RISE, 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 81 MERIDIAN RISE). 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 81 MERIDIAN RISE?

81 MERIDIAN RISE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 81 on MERIDIAN RISE.