MERLE DENE, LAMBSETH STREET, EYE, IP23 7AQ - £215,000

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

MERLE DENE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £215,000 in May 2010, which was around 16% below the average May 2010 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

MERLE DENE Sold Prices

Land registry data shows two sales for MERLE DENE 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 MERLE DENE 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
2010 12 MAY	£215,000	£256,165	16% below HPI
2000 21 MAR	£107,000	£115,877	8% below HPI

MERLE DENE 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 MERLE DENE sales from March 2000 and May 2010 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 March 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is MERLE DENE?

MERLE DENE is 74m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Eye, based on EPC data. The below chart shows the distribution of detached houses by size in Eye, and where MERLE DENE lies on this distribution: 10% of detached houses are smaller than MERLE DENE, and 90% of houses are larger. Note that EPC data is not available for all properties in Eye.

MERLE DENE: Plot and Title Map

MERLE DENE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of MERLE DENE, 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 MERLE DENE). 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 MERLE DENE?

MERLE DENE is located on LAMBSETH STREET in EYE, in the IP23 postcode district. The below map shows the position of MERLE DENE on LAMBSETH STREET.