51, MELBOURNE ROAD, IPSWICH, IP4 5QB - £485,000

51 MELBOURNE ROAD is a large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £485,000 in June 2021, which was around 32% above the average June 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

51 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 51 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. One of the two 51 MELBOURNE ROAD sales was for above the average price, whilst the other was 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
2021 9 JUN	£485,000	£367,982	32% above HPI
2010 6 AUG	£187,500	£226,159	17% below HPI

51 MELBOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 51 MELBOURNE ROAD sales from August 2010 and June 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 August 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 51 MELBOURNE ROAD?

51 MELBOURNE ROAD is 144m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 51 MELBOURNE ROAD lies on this distribution: 75% of detached houses are smaller than 51 MELBOURNE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

51 MELBOURNE ROAD: Plot and Title Map

51 MELBOURNE ROAD sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 51 MELBOURNE ROAD, 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 51 MELBOURNE ROAD). 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 51 MELBOURNE ROAD?

51 MELBOURNE ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 51 on MELBOURNE ROAD.