4, THE DEBENSIDE, MELTON, WOODBRIDGE, IP12 1SR - £320,000

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.

4 THE DEBENSIDE is a very small detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £372,682. It was last sold for £320,000 in August 2018, which was around 11% below the average August 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

4 THE DEBENSIDE Sold Prices

Land registry data shows three sales for 4 THE DEBENSIDE 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 4 THE DEBENSIDE 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
2018 31 AUG	£320,000	£357,913	11% below HPI
2018 18 JAN	£307,500	£343,588	11% below HPI
1999 5 NOV	£120,000	£100,135	20% above HPI

4 THE DEBENSIDE 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 4 THE DEBENSIDE sales between November 1999 and August 2018 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 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, which was also at 11% below the HPI.

What might 4 THE DEBENSIDE be worth now?

4 THE DEBENSIDE might now be worth an estimated £372,682.

This is based on house price inflation of 16.5%, between August 2018 and June 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 16.5% inflationary increase is applied to the most recent sale price for 4 THE DEBENSIDE of £320,000 on 31st August 2018. For the value to have increased from £320,000 to £372,682 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 4 THE DEBENSIDE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE DEBENSIDE has not materially changed since August 2018.

How Large is 4 THE DEBENSIDE?

4 THE DEBENSIDE is 80m² according to the EPC inspection conducted in March 2017. 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 4 THE DEBENSIDE lies on this distribution: 14% of detached houses houses are smaller than 4 THE DEBENSIDE, and 85% of houses are larger. Note that EPC data is not available for all properties in Melton.

4 THE DEBENSIDE: Plot and Title Map

4 THE DEBENSIDE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 4 THE DEBENSIDE, 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 4 THE DEBENSIDE). 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 4 THE DEBENSIDE?

4 THE DEBENSIDE is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 4 on THE DEBENSIDE.