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
11 GORSE ROAD is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £735,000 in February 2023, which was around 67% above the average February 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 11 GORSE ROAD 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. Two of the three 11 GORSE ROAD sales were for above the average price, whilst one was 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 28 FEB | £735,000 | £438,978 | 67% above HPI |
2018 31 AUG | £500,000 | £357,858 | 40% above HPI |
2012 16 MAR | £250,000 | £251,707 | 1% below 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 11 GORSE ROAD sales between March 2012 and February 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 August 2018 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2023 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.
11 GORSE ROAD is 107m² according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 11 GORSE ROAD lies on this distribution: 53% of detached houses are smaller than 11 GORSE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Reydon.
11 GORSE ROAD sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 11 GORSE ROAD, 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 11 GORSE ROAD). 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.
11 GORSE ROAD is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 11 on GORSE ROAD.