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
11 THREE MARSH LANE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £305,000 in April 2019, which was around 10% below the average April 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 11 THREE MARSH LANE since 1st 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. Two of the four 11 THREE MARSH LANE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2019 29 APR | £305,000 | £339,832 | 10% below HPI |
2019 22 FEB | £310,000 | £351,849 | 12% below HPI |
2006 26 JUL | £265,000 | £231,620 | 14% above HPI |
2002 16 SEP | £167,500 | £167,041 | Close to HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 11 THREE MARSH LANE sales between September 2002 and April 2019 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 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
11 THREE MARSH LANE is 76m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 11 THREE MARSH LANE lies on this distribution: 18% of detached houses are smaller than 11 THREE MARSH LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Reydon.
11 THREE MARSH LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 11 THREE 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 11 THREE 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.
11 THREE MARSH LANE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 11 on THREE MARSH LANE.