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
MELTON MEAD is a very large extended detached house of 415m², built sometime before 1900. It was last sold for £1,775,000 in March 2015, which was around 524% above the average March 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for MELTON MEAD since 1st 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 MELTON MEAD 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 31 MAR | £1,775,000 | £284,526 | 524% above HPI |
2001 21 SEP | £625,000 | £139,852 | 347% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two MELTON MEAD sales from September 2001 and March 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 September 2001 sale was for 347% above the HPI. So the extrapolation line tracks at 347% above the HPI over time, until the March 2015 sale, where it rises to 524% above the HPI. The line then continues to track at 524% above the HPI.
MELTON MEAD is 415m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where MELTON MEAD lies on this distribution: More than 99% of detached houses are smaller than MELTON MEAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Melton.
MELTON MEAD sits on a plot of roughly 1.2 acres, or 4,769m². The below map shows the location of MELTON MEAD, 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 MEAD). 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.
MELTON MEAD is located on MELTON ROAD in MELTON, in the IP12 postcode district. The below map shows the position of MELTON MEAD on MELTON ROAD.