CAROUSEL, TURNPIKE LANE, MELTON, WOODBRIDGE, IP12 1NJ - £140,000

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

CAROUSEL is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £140,000 in October 1999, which was around 39% above the average October 1999 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

CAROUSEL Sold Prices

Land registry data shows two sales for CAROUSEL 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 CAROUSEL 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
1999 29 OCT	£140,000	£100,918	39% above HPI
1999 16 FEB	£130,000	£90,357	44% above HPI

CAROUSEL 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 CAROUSEL sales from February 1999 and October 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 February 1999 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 1999 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is CAROUSEL?

CAROUSEL is 121m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where CAROUSEL lies on this distribution: 42% of detached houses are smaller than CAROUSEL, and 57% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

CAROUSEL: Plot and Title Map

CAROUSEL sits on a plot of roughly 0.321 of an acre, or 1,299m². The below map shows the location of CAROUSEL, 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 CAROUSEL). 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 CAROUSEL?

CAROUSEL is located on TURNPIKE LANE in MELTON, in the IP12 postcode district. The below map shows the position of CAROUSEL on TURNPIKE LANE.