MALINDI, SWAN LANE, WESTERFIELD, IPSWICH, IP6 9AH - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MALINDI is a large detached house of 171m², built sometime between 1967 and 1975. It was last sold for £355,000 in April 2015, which was around 24% above the average April 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

MALINDI Sold Prices

Land registry data shows two sales for MALINDI 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 MALINDI 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
2015 10 APR	£355,000	£286,842	24% above HPI
2004 5 JUL	£343,500	£219,642	56% above HPI

MALINDI 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 MALINDI sales from July 2004 and April 2015 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 July 2004 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is MALINDI?

MALINDI is 171m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Westerfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westerfield, and where MALINDI lies on this distribution: 62% of detached houses are smaller than MALINDI, and 38% of houses are larger. Note that EPC data is not available for all properties in Westerfield.

MALINDI: Plot and Title Map

MALINDI sits on a plot of roughly 0.341 of an acre, or 1,381m². The below map shows the location of MALINDI, 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 MALINDI). 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 MALINDI?

MALINDI is located on SWAN LANE in WESTERFIELD, in the IP6 postcode district. The below map shows the position of MALINDI on SWAN LANE.