STANFORD HOUSE, EARLSFORD ROAD, MELLIS, EYE, IP23 8DY - £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

STANFORD HOUSE is a small extended detached house of 136m², built sometime before 1900. It was last sold for £310,000 in December 2020, which was around 21% below the average December 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was E.

STANFORD HOUSE Sold Prices

Land registry data shows two sales for STANFORD HOUSE 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 STANFORD HOUSE 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
2020 4 DEC	£310,000	£394,807	21% below HPI
2012 3 JUL	£250,000	£253,825	2% below HPI

STANFORD HOUSE 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 STANFORD HOUSE sales from July 2012 and December 2020 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 July 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is STANFORD HOUSE?

STANFORD HOUSE is 136m², which includes four extensions, according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses in Mellis, based on EPC data. The below chart shows the distribution of detached houses by size in Mellis, and where STANFORD HOUSE lies on this distribution: 28% of detached houses are smaller than STANFORD HOUSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Mellis.

STANFORD HOUSE: Plot and Title Map

STANFORD HOUSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of STANFORD HOUSE, 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 STANFORD HOUSE). 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 STANFORD HOUSE?

STANFORD HOUSE is located on EARLSFORD ROAD in MELLIS, in the IP23 postcode district. The below map shows the position of STANFORD HOUSE on EARLSFORD ROAD.