MERIBEL, THE STREET, HOLLESLEY, WOODBRIDGE, IP12 3QU - £310,000

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

MERIBEL is a very small detached house of 82m², built sometime from 2012 onwards. It was last sold for £310,000 in April 2023, which was around 27% below the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

MERIBEL Sold Prices

Land registry data shows three sales for MERIBEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three MERIBEL sales were for below 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
2023 5 APR	£310,000	£423,046	27% below HPI
2012 23 NOV	£207,000	£250,298	17% below HPI
2007 6 AUG	£150,000	£261,746	43% below HPI

MERIBEL 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 three MERIBEL sales between August 2007 and April 2023 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 November 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is MERIBEL?

MERIBEL is 82m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Hollesley, based on EPC data. The below chart shows the distribution of detached houses by size in Hollesley, and where MERIBEL lies on this distribution: 9% of detached houses are smaller than MERIBEL, and 91% of houses are larger. Note that EPC data is not available for all properties in Hollesley.

MERIBEL: Plot and Title Map

MERIBEL sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of MERIBEL, 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 MERIBEL). 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 MERIBEL?

MERIBEL is located on THE STREET in HOLLESLEY, in the IP12 postcode district. The below map shows the position of MERIBEL on THE STREET.