THE MERE, LOW ROAD, EARL SOHAM, WOODBRIDGE, IP13 7RN - £700,000

THE MERE is a very large extended detached house of 324m², built sometime between 1983 and 1990. It was last sold for £700,000 in November 2018, which was around 96% above the average November 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was D.

THE MERE Sold Prices

Land registry data shows four sales for THE MERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four THE MERE 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
2018 30 NOV	£700,000	£357,827	96% above HPI
2006 9 JUN	£462,000	£225,842	105% above HPI
2004 19 FEB	£445,000	£201,178	121% above HPI
2000 7 DEC	£350,000	£121,841	187% above HPI

THE MERE 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 four THE MERE sales between December 2000 and November 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 June 2006 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the November 2018 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is THE MERE?

THE MERE is 324m², which includes four extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Earl Soham, based on EPC data. The below chart shows the distribution of detached houses by size in Earl Soham, and where THE MERE lies on this distribution: 93% of detached houses are smaller than THE MERE, and 7% of houses are larger. Note that EPC data is not available for all properties in Earl Soham.

THE MERE: Plot and Title Map

THE MERE sits on a plot of roughly 0.310 of an acre, or 1,254m². The below map shows the location of THE MERE, 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 MERE). 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 MERE?

THE MERE is located on LOW ROAD in EARL SOHAM, in the IP13 postcode district. The below map shows the position of THE MERE on LOW ROAD.