TEAZLES, THE COMMON, MELLIS, EYE, IP23 8EB - £420,000

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

TEAZLES is a small extended detached house of 150m², built sometime between 1983 and 1990. It was last sold for £420,000 in April 2007, which was around 59% above the average April 2007 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

TEAZLES Sold Prices

Land registry data shows two sales for TEAZLES 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 TEAZLES sales were 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
2007 2 APR	£420,000	£263,872	59% above HPI
1999 30 JUN	£168,000	£105,761	59% above HPI

TEAZLES 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 TEAZLES sales from June 1999 and April 2007 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 June 1999 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2007 sale, which was also at 59% above the HPI.

How Large is TEAZLES?

TEAZLES is 150m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses in Mellis, based on EPC data. The below chart shows the distribution of detached houses by size in Mellis, and where TEAZLES lies on this distribution: 36% of detached houses are smaller than TEAZLES, and 64% of houses are larger. Note that EPC data is not available for all properties in Mellis.

TEAZLES: Plot and Title Map

TEAZLES sits on a plot of roughly 0.373 of an acre, or 1,511m². The below map shows the location of TEAZLES, 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 TEAZLES). 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 TEAZLES?

TEAZLES is located on THE COMMON in MELLIS, in the IP23 postcode district. The below map shows the position of TEAZLES on THE COMMON.