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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MERLE DENE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £373,773. It was last sold for £215,000 in May 2010, which was around 18% 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	£262,199	18% below HPI
2000 21 MAR	£107,000	£118,607	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2010 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might MERLE DENE be worth now?

MERLE DENE might now be worth an estimated £373,773.

This is based on house price inflation of 73.8%, between May 2010 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.8% inflationary increase is applied to the most recent sale price for MERLE DENE of £215,000 on 12th May 2010. For the value to have increased from £215,000 to £373,773 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of MERLE DENE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2010 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of MERLE DENE has not materially changed since May 2010.

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 houses in Eye, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eye, and where MERLE DENE lies on this distribution: 9% of detached houses houses are smaller than MERLE DENE, and 91% 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.