1, LAKESIDE CLOSE, REYDON, SOUTHWOLD, IP18 6YA - £510,000

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 LAKESIDE CLOSE is a very large detached house of 159m², built sometime between 1983 and 1990. It was last sold for £510,000 in December 2018, which was around 42% above the average December 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

1 LAKESIDE CLOSE Sold Prices

Land registry data shows three sales for 1 LAKESIDE CLOSE 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. All of the three 1 LAKESIDE CLOSE 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 12 DEC	£510,000	£358,627	42% above HPI
2014 10 APR	£370,000	£264,724	40% above HPI
1997 24 SEP	£128,000	£84,177	52% above HPI

1 LAKESIDE CLOSE 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 1 LAKESIDE CLOSE sales between September 1997 and December 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 April 2014 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2018 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 1 LAKESIDE CLOSE?

1 LAKESIDE CLOSE is 159m² according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 1 LAKESIDE CLOSE lies on this distribution: 89% of detached houses are smaller than 1 LAKESIDE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Reydon.

1 LAKESIDE CLOSE: Plot and Title Map

1 LAKESIDE CLOSE sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 1 LAKESIDE CLOSE, 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 LAKESIDE CLOSE). 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 1 LAKESIDE CLOSE?

1 LAKESIDE CLOSE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 1 on LAKESIDE CLOSE.