Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 DRAPERS HILL is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £215,000 in May 2019, which was around 41% below the average May 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 DRAPERS HILL since 1st 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 1 DRAPERS HILL 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 |
---|---|---|---|
2019 22 MAY | £215,000 | £364,129 | 41% below HPI |
2016 21 DEC | £205,000 | £345,883 | 41% below HPI |
2004 15 NOV | £155,000 | £230,721 | 33% below HPI |
2000 30 MAY | £72,950 | £126,872 | 43% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 1 DRAPERS HILL sales between May 2000 and May 2019 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 December 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2019 sale, which was also at 41% below the HPI.
1 DRAPERS HILL is 59m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 1 DRAPERS HILL lies on this distribution: 1% of detached houses are smaller than 1 DRAPERS HILL, and 98% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.
1 DRAPERS HILL sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 1 DRAPERS HILL, 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 1 DRAPERS HILL). 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.
1 DRAPERS HILL is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 1 on DRAPERS HILL.