60, OLD MARKET STREET, MENDLESHAM, STOWMARKET, IP14 5SA - £255,000

60 OLD MARKET STREET is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £255,000 in June 2018, which was around 31% below the average June 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was G, and the potential energy rating was D.

60 OLD MARKET STREET Sold Prices

Land registry data shows four sales for 60 OLD MARKET STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 60 OLD MARKET STREET 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
2018 19 JUN	£255,000	£372,018	31% below HPI
2011 26 SEP	£135,000	£255,130	47% below HPI
2005 9 SEP	£164,000	£237,666	31% below HPI
2000 17 NOV	£61,500	£131,223	53% below HPI

60 OLD MARKET STREET 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 four 60 OLD MARKET STREET sales between November 2000 and June 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 September 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 60 OLD MARKET STREET?

60 OLD MARKET STREET is 59m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Mendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Mendlesham, and where 60 OLD MARKET STREET lies on this distribution: 2% of detached houses are smaller than 60 OLD MARKET STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Mendlesham.

60 OLD MARKET STREET: Plot and Title Map

60 OLD MARKET STREET sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 60 OLD MARKET STREET, 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 60 OLD MARKET STREET). 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 60 OLD MARKET STREET?

60 OLD MARKET STREET is located in MENDLESHAM, in the IP14 postcode district. The below map shows the position of No. 60 on OLD MARKET STREET.