48, MERIDIAN RISE, IPSWICH, IP4 2GA - £210,000

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.

48 MERIDIAN RISE is a very small semi-detached house of 83m², which could now be worth an estimated £242,676. It was last sold for £210,000 in December 2019, which was around 5% below the average December 2019 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

48 MERIDIAN RISE Sold Prices

Land registry data shows three sales for 48 MERIDIAN RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. One of the three 48 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
2019 12 DEC	£210,000	£220,700	5% below HPI
2015 8 SEP	£197,000	£180,858	9% above HPI
2013 26 JUL	£179,500	£150,210	19% above HPI

48 MERIDIAN RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 48 MERIDIAN RISE sales between July 2013 and December 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 September 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 48 MERIDIAN RISE be worth now?

48 MERIDIAN RISE might now be worth an estimated £242,676.

This is based on house price inflation of 15.6%, between December 2019 and June 2025, for semi-detached 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 15.6% inflationary increase is applied to the most recent sale price for 48 MERIDIAN RISE of £210,000 on 12th December 2019. For the value to have increased from £210,000 to £242,676 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of 48 MERIDIAN RISE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The December 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MERIDIAN RISE has not materially changed since December 2019.

How Large is 48 MERIDIAN RISE?

48 MERIDIAN RISE is 83m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 48 MERIDIAN RISE lies on this distribution: 16% of semi-detached houses houses are smaller than 48 MERIDIAN RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

48 MERIDIAN RISE: Plot and Title Map

48 MERIDIAN RISE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 48 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 48 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 48 MERIDIAN RISE?

48 MERIDIAN RISE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 48 on MERIDIAN RISE.