THE JAYS, STATION ROAD, MELTON, WOODBRIDGE, IP12 1PX - £425,500

THE JAYS is a midsized extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £425,500 in November 2020, which was around 12% above the average November 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

THE JAYS Sold Prices

Land registry data shows three sales for THE JAYS 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. Two of the three THE JAYS sales were for above the average price, whilst one 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 13 NOV	£425,500	£379,967	12% above HPI
2011 18 MAR	£310,000	£246,949	26% above HPI
1996 26 JUL	£60,000	£73,439	18% below HPI

THE JAYS 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 THE JAYS sales between July 1996 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 March 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE JAYS?

THE JAYS is 126m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Melton, and where THE JAYS lies on this distribution: 50% of detached houses are smaller than THE JAYS, and 49% of houses are larger. Note that EPC data is not available for all properties in Melton.

THE JAYS: Plot and Title Map

THE JAYS sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of THE JAYS, 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 THE JAYS). 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 THE JAYS?

THE JAYS is located on STATION ROAD in MELTON, in the IP12 postcode district. The below map shows the position of THE JAYS on STATION ROAD.