MELTON HOUSE, THE CAUSEWAY, HITCHAM, IPSWICH, IP7 7NF - £380,000

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

MELTON HOUSE is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £380,000 in June 2017, which was around 4% below the average June 2017 detached price in the Babergh local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

MELTON HOUSE Sold Prices

Land registry data shows four sales for MELTON HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Most of the four MELTON HOUSE 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
2017 23 JUN	£380,000	£397,700	4% below HPI
2011 27 JUL	£285,000	£282,188	1% above HPI
2004 3 DEC	£298,000	£249,905	19% above HPI
1997 16 DEC	£110,000	£99,707	10% above HPI

MELTON HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four MELTON HOUSE sales between December 1997 and June 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 July 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is MELTON HOUSE?

MELTON HOUSE is 103m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses in Hitcham, based on EPC data. The below chart shows the distribution of detached houses by size in Hitcham, and where MELTON HOUSE lies on this distribution: 33% of detached houses are smaller than MELTON HOUSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hitcham.

MELTON HOUSE: Plot and Title Map

MELTON HOUSE sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of MELTON HOUSE, 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 MELTON HOUSE). 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 MELTON HOUSE?

MELTON HOUSE is located on THE CAUSEWAY in HITCHAM, in the IP7 postcode district. The below map shows the position of MELTON HOUSE on THE CAUSEWAY.