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 MARSH LANE is a very large extended detached house of 229m², built sometime between 1950 and 1966. It was last sold for £305,000 in August 2016, which was around 5% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 MARSH LANE since 1st 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. One of the three 1 MARSH LANE sales was for below the average price, whilst two 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 |
---|---|---|---|
2016 5 AUG | £305,000 | £320,108 | 5% below HPI |
2002 2 MAY | £166,500 | £153,113 | 9% above HPI |
2000 29 JUN | £140,000 | £111,912 | 25% 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 three 1 MARSH LANE sales between June 2000 and August 2016 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 May 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
1 MARSH LANE is 229m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Worlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Worlingham, and where 1 MARSH LANE lies on this distribution: 99% of detached houses are smaller than 1 MARSH LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Worlingham.
1 MARSH LANE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 1 MARSH LANE, 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 MARSH LANE). 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 MARSH LANE is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 1 on MARSH LANE.