Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 GRASMERE AVENUE is a very small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £423,500 in July 2023, which was around 2% above the average July 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 GRASMERE AVENUE since 1st 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. two of the four 1 GRASMERE AVENUE sales were for above the average price, and four 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 |
---|---|---|---|
2023 3 JUL | £423,500 | £415,468 | 2% above HPI |
2014 21 OCT | £285,000 | £288,072 | 1% below HPI |
2007 19 SEP | £246,000 | £266,374 | 8% below HPI |
1998 24 NOV | £99,500 | £91,707 | 8% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 1 GRASMERE AVENUE sales between November 1998 and July 2023 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 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
1 GRASMERE AVENUE is 84m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 1 GRASMERE AVENUE lies on this distribution: 20% of detached houses are smaller than 1 GRASMERE AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.
1 GRASMERE AVENUE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 1 GRASMERE AVENUE, 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 GRASMERE AVENUE). 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 GRASMERE AVENUE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 1 on GRASMERE AVENUE.