MAYFIELD, SKINNERS LANE, METFIELD, HARLESTON, IP20 0LH - £450,000

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

MAYFIELD is a small extended detached house of 113m², built sometime from 2007 onwards. It was last sold for £450,000 in June 2021, which was around 17% above the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

MAYFIELD Sold Prices

Land registry data shows two sales for MAYFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two MAYFIELD 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
2021 18 JUN	£450,000	£385,084	17% above HPI
2012 17 DEC	£319,999	£254,825	26% above HPI

MAYFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two MAYFIELD sales from December 2012 and June 2021 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 December 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is MAYFIELD?

MAYFIELD is 113m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses in Metfield, based on EPC data. The below chart shows the distribution of detached houses by size in Metfield, and where MAYFIELD lies on this distribution: 27% of detached houses are smaller than MAYFIELD, and 70% of houses are larger. Note that EPC data is not available for all properties in Metfield.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on SKINNERS LANE in METFIELD, in the IP20 postcode district. The below map shows the position of MAYFIELD on SKINNERS LANE.