BEECHFIELD, LEEKS HILL, MELTON, WOODBRIDGE, IP12 1LW - £970,000

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

BEECHFIELD is a very large extended detached house of 181m², built sometime between 1950 and 1966. It was last sold for £970,000 in November 2023, which was around 129% above the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

BEECHFIELD Sold Prices

Land registry data shows three sales for BEECHFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three BEECHFIELD 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
2023 10 NOV	£970,000	£423,853	129% above HPI
2018 31 JAN	£865,000	£343,535	152% above HPI
2012 5 JAN	£515,000	£260,137	98% above HPI

BEECHFIELD 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 three BEECHFIELD sales between January 2012 and November 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 2018 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the November 2023 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

How Large is BEECHFIELD?

BEECHFIELD is 181m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where BEECHFIELD lies on this distribution: 80% of detached houses are smaller than BEECHFIELD, and 20% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

BEECHFIELD: Plot and Title Map

BEECHFIELD sits on a plot of roughly 1.5 acres, or 6,065m². The below map shows the location of BEECHFIELD, 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 BEECHFIELD). 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 BEECHFIELD?

BEECHFIELD is located on LEEKS HILL in MELTON, in the IP12 postcode district. The below map shows the position of BEECHFIELD on LEEKS HILL.