MERRIHAY, HALL LANE, WITNESHAM, IPSWICH, IP6 9HN - £658,000

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.

MERRIHAY is a large extended detached house of 194m², built sometime between 1991 and 1995, which could now be worth an estimated £728,578. It was last sold for £658,000 in November 2020, which was around 73% above the average November 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

MERRIHAY Sold Prices

Land registry data shows three sales for MERRIHAY 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. All of the three MERRIHAY sales 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
2020 20 NOV	£658,000	£380,026	73% above HPI
2017 3 OCT	£590,000	£345,735	71% above HPI
2001 1 OCT	£315,000	£141,897	122% above HPI

MERRIHAY 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 MERRIHAY sales between October 2001 and November 2020 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 October 2017 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the November 2020 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might MERRIHAY be worth now?

MERRIHAY might now be worth an estimated £728,578.

This is based on house price inflation of 10.7%, between November 2020 and July 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 10.7% inflationary increase is applied to the most recent sale price for MERRIHAY of £658,000 on 20th November 2020. For the value to have increased from £658,000 to £728,578 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of MERRIHAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2020 sale price of £658,000 represented a fair market value for the property.
• The size, condition, and specification of MERRIHAY has not materially changed since November 2020.

How Large is MERRIHAY?

MERRIHAY is 194m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in Witnesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witnesham, and where MERRIHAY lies on this distribution: 73% of detached houses houses are smaller than MERRIHAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Witnesham.

MERRIHAY: Plot and Title Map

MERRIHAY sits on a plot of roughly 0.458 of an acre, or 1,852m². The below map shows the location of MERRIHAY, 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 MERRIHAY). 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 MERRIHAY?

MERRIHAY is located on HALL LANE in WITNESHAM, in the IP6 postcode district. The below map shows the position of MERRIHAY on HALL LANE.