ORCHARDSIDE, STATION ROAD, MELTON, WOODBRIDGE, IP12 1PY - £367,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ORCHARDSIDE is a very small detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £376,793. It was last sold for £367,500 in May 2024, which was around 11% below the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

ORCHARDSIDE Sold Prices

Land registry data shows three sales for ORCHARDSIDE 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. Two of the three ORCHARDSIDE sales were for below the average price, whilst one was 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
2024 3 MAY	£367,500	£412,612	11% below HPI
2016 21 JAN	£290,000	£305,207	5% below HPI
2013 19 JUL	£275,000	£256,170	7% above HPI

ORCHARDSIDE 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 ORCHARDSIDE sales between July 2013 and May 2024 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 January 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might ORCHARDSIDE be worth now?

ORCHARDSIDE might now be worth an estimated £376,793.

This is based on house price inflation of 2.5%, between May 2024 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for ORCHARDSIDE of £367,500 on 3rd May 2024. For the value to have increased from £367,500 to £376,793 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of ORCHARDSIDE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2024 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of ORCHARDSIDE has not materially changed since May 2024.

How Large is ORCHARDSIDE?

ORCHARDSIDE is 75m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses houses in Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton, and where ORCHARDSIDE lies on this distribution: 11% of detached houses houses are smaller than ORCHARDSIDE, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton.

ORCHARDSIDE: Plot and Title Map

ORCHARDSIDE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of ORCHARDSIDE, 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 ORCHARDSIDE). 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 ORCHARDSIDE?

ORCHARDSIDE is located on STATION ROAD in MELTON, in the IP12 postcode district. The below map shows the position of ORCHARDSIDE on STATION ROAD.