1, FAIRWAY VIEW, CALDER ROAD, MELTON, WOODBRIDGE, IP12 1TP - £862,600

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.

1 FAIRWAY VIEW is a very large terraced house of 249m², built sometime before 1900, which could now be worth an estimated £1,062,409. It was last sold for £862,600 in June 2019, which was around 405% above the average June 2019 terraced price in the East Suffolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

1 FAIRWAY VIEW Sold Prices

Land registry data shows three sales for 1 FAIRWAY VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 1 FAIRWAY VIEW 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
2019 26 JUN	£862,600	£170,725	405% above HPI
2013 17 OCT	£695,000	£130,360	433% above HPI
1998 12 OCT	£65,000	£40,168	62% above HPI

1 FAIRWAY VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The three 1 FAIRWAY VIEW sales between October 1998 and June 2019 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 October 2013 sale was for 433% above the HPI. So the extrapolation line tracks at 433% above the HPI over time, until the June 2019 sale, where it falls to 405% above the HPI. The line then continues to track at 405% above the HPI.

What might 1 FAIRWAY VIEW be worth now?

1 FAIRWAY VIEW might now be worth an estimated £1,062,409.

This is based on house price inflation of 23.2%, between June 2019 and June 2025, for terraced 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 23.2% inflationary increase is applied to the most recent sale price for 1 FAIRWAY VIEW of £862,600 on 26th June 2019. For the value to have increased from £862,600 to £1,062,409 over the six years to June 2025, the following assumptions must hold true:

• The value of 1 FAIRWAY VIEW has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The June 2019 sale price of £862,600 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRWAY VIEW has not materially changed since June 2019.

How Large is 1 FAIRWAY VIEW?

1 FAIRWAY VIEW is 249m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of terraced houses houses in Melton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melton, and where 1 FAIRWAY VIEW lies on this distribution: 91% of terraced houses houses are smaller than 1 FAIRWAY VIEW, and 9% of houses are larger. Note that EPC data is not available for all properties in Melton.

1 FAIRWAY VIEW: Plot and Title Map

1 FAIRWAY VIEW sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 1 FAIRWAY VIEW, 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 1 FAIRWAY VIEW). 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 1 FAIRWAY VIEW?

1 FAIRWAY VIEW is located on CALDER ROAD in MELTON, in the IP12 postcode district. The below map shows the position of 1 FAIRWAY VIEW on CALDER ROAD.