5, FREELANDS, MENDLESHAM, STOWMARKET, IP14 5TW - £290,000

5 FREELANDS is a midsized extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £290,000 in December 2016, which was around 16% below the average December 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

5 FREELANDS Sold Prices

Land registry data shows two sales for 5 FREELANDS 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 5 FREELANDS sales were for below 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
2016 16 DEC	£290,000	£345,883	16% below HPI
2003 4 APR	£155,500	£194,353	20% below HPI

5 FREELANDS 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 5 FREELANDS sales from April 2003 and December 2016 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 April 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 FREELANDS?

5 FREELANDS is 99m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 5 FREELANDS lies on this distribution: 46% of detached houses are smaller than 5 FREELANDS, and 54% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

5 FREELANDS: Plot and Title Map

5 FREELANDS sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 FREELANDS, 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 5 FREELANDS). 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 5 FREELANDS?

5 FREELANDS is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 5 on FREELANDS.