14, MERIDIAN RISE, IPSWICH, IP4 2GA - £177,000

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.

14 MERIDIAN RISE is a very small terraced house of 61m², built sometime between 2007 and 2011, which could now be worth an estimated £186,216. It was last sold for £177,000 in September 2021, which was around 7% below the average September 2021 terraced price in the Ipswich local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

14 MERIDIAN RISE Sold Prices

Land registry data shows three sales for 14 MERIDIAN RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. One of the three 14 MERIDIAN RISE sales was for below the average price, whilst two 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
2021 10 SEP	£177,000	£191,241	7% below HPI
2014 12 DEC	£138,000	£137,267	1% above HPI
2010 20 SEP	£135,000	£121,652	11% above HPI

14 MERIDIAN RISE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ipswich local authority area over time, sourced from the HPI. The three 14 MERIDIAN RISE sales between September 2010 and September 2021 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 December 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 14 MERIDIAN RISE be worth now?

14 MERIDIAN RISE might now be worth an estimated £186,216.

This is based on house price inflation of 5.2%, between September 2021 and June 2025, for terraced houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 14 MERIDIAN RISE of £177,000 on 10th September 2021. For the value to have increased from £177,000 to £186,216 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 14 MERIDIAN RISE has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The September 2021 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MERIDIAN RISE has not materially changed since September 2021.

How Large is 14 MERIDIAN RISE?

14 MERIDIAN RISE is 61m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of terraced houses houses in Ipswich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ipswich, and where 14 MERIDIAN RISE lies on this distribution: 2% of terraced houses houses are smaller than 14 MERIDIAN RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

14 MERIDIAN RISE: Plot and Title Map

14 MERIDIAN RISE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 14 MERIDIAN RISE, 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 14 MERIDIAN RISE). 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 14 MERIDIAN RISE?

14 MERIDIAN RISE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 14 on MERIDIAN RISE.