1, SHEARWATER WAY, REYDON, SOUTHWOLD, IP18 6GX - £480,000

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 SHEARWATER WAY is a very large detached house of 146m², which could now be worth an estimated £605,706. It was last sold for £480,000 in December 2016, which was around 47% above the average December 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was B, and the potential energy rating was B.

1 SHEARWATER WAY Sold Prices

Land registry data shows two sales for 1 SHEARWATER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 SHEARWATER WAY 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
2016 5 DEC	£480,000	£327,198	47% above HPI
2013 23 AUG	£445,000	£263,248	69% above HPI

1 SHEARWATER WAY 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 two 1 SHEARWATER WAY sales from August 2013 and December 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 August 2013 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2016 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 1 SHEARWATER WAY be worth now?

1 SHEARWATER WAY might now be worth an estimated £605,706.

This is based on house price inflation of 26.2%, between December 2016 and December 2024, 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 26.2% inflationary increase is applied to the most recent sale price for 1 SHEARWATER WAY of £480,000 on 5th December 2016. For the value to have increased from £480,000 to £605,706 over the eight years to December 2024, the following assumptions must hold true:

• The value of 1 SHEARWATER WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2016 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHEARWATER WAY has not materially changed since December 2016.

How Large is 1 SHEARWATER WAY?

1 SHEARWATER WAY is 146m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reydon, and where 1 SHEARWATER WAY lies on this distribution: 85% of detached houses houses are smaller than 1 SHEARWATER WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Reydon.

1 SHEARWATER WAY: Plot and Title Map

1 SHEARWATER WAY sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 1 SHEARWATER WAY, 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 SHEARWATER WAY). 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 SHEARWATER WAY?

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