MUIRFIELD, DOCK LANE, MELTON, WOODBRIDGE, IP12 1PE - £400,000

MUIRFIELD is a small extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £400,000 in September 2020, which was around 9% above the average September 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was F, and the potential energy rating was D.

MUIRFIELD Sold Prices

Land registry data shows two sales for MUIRFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two MUIRFIELD 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
2020 9 SEP	£400,000	£366,905	9% above HPI
1995 6 JAN	£66,000	£76,074	13% below HPI

MUIRFIELD 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 two MUIRFIELD sales from January 1995 and September 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 January 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is MUIRFIELD?

MUIRFIELD is 104m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where MUIRFIELD lies on this distribution: 35% of detached houses are smaller than MUIRFIELD, and 63% of houses are larger. Note that EPC data is not available for all properties in Melton.

MUIRFIELD: Plot and Title Map

MUIRFIELD sits on a plot of roughly 0.252 of an acre, or 1,018m². The below map shows the location of MUIRFIELD, 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 MUIRFIELD). 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 MUIRFIELD?

MUIRFIELD is located on DOCK LANE in MELTON, in the IP12 postcode district. The below map shows the position of MUIRFIELD on DOCK LANE.