1, RED BARN PIECE, GRUNDISBURGH, WOODBRIDGE, IP13 6XD - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 RED BARN PIECE is a midsized detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £412,128. It was last sold for £430,000 in December 2022, which was around 3% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

1 RED BARN PIECE Sold Prices

Land registry data shows four sales for 1 RED BARN PIECE 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. Most of the four 1 RED BARN PIECE 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
2022 13 DEC	£430,000	£441,391	3% below HPI
2018 28 FEB	£365,000	£344,656	6% above HPI
2010 2 DEC	£280,000	£249,396	12% above HPI
1997 14 JUL	£95,500	£82,844	15% above HPI

1 RED BARN PIECE 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 1 RED BARN PIECE sales between July 1997 and December 2022 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 February 2018 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 RED BARN PIECE be worth now?

1 RED BARN PIECE might now be worth an estimated £412,128.

This is based on house price deflation of 4.2%, between December 2022 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% deflationary decrease is applied to the most recent sale price for 1 RED BARN PIECE of £430,000 on 13th December 2022. For the value to have decreased from £430,000 to £412,128 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 RED BARN PIECE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RED BARN PIECE has not materially changed since December 2022.

How Large is 1 RED BARN PIECE?

1 RED BARN PIECE is 116m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses houses in Grundisburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grundisburgh, and where 1 RED BARN PIECE lies on this distribution: 45% of detached houses houses are smaller than 1 RED BARN PIECE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grundisburgh.

1 RED BARN PIECE: Plot and Title Map

1 RED BARN PIECE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 1 RED BARN PIECE, 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 RED BARN PIECE). 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 RED BARN PIECE?

1 RED BARN PIECE is located in GRUNDISBURGH, in the IP13 postcode district. The below map shows the position of No. 1 on RED BARN PIECE.