12, READE ROAD, HOLBROOK, IPSWICH, IP9 2QL - £352,500

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

12 READE ROAD is a very small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £355,571. It was last sold for £352,500 in August 2024, which was around 27% below the average August 2024 detached price in the Babergh local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

12 READE ROAD Sold Prices

Land registry data shows five sales for 12 READE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the five 12 READE ROAD sales were 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
2024 9 AUG	£352,500	£479,757	27% below HPI
2011 29 MAR	£216,000	£288,622	25% below HPI
1999 26 MAR	£75,000	£102,034	26% below HPI
1997 5 DEC	£72,000	£101,951	29% below HPI
1995 1 SEP	£63,000	£83,384	24% below HPI

12 READE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The five 12 READE ROAD sales between September 1995 and August 2024 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 March 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 12 READE ROAD be worth now?

12 READE ROAD might now be worth an estimated £355,571.

This is based on house price inflation of 0.9%, between August 2024 and December 2024, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% inflationary increase is applied to the most recent sale price for 12 READE ROAD of £352,500 on 9th August 2024. For the value to have increased from £352,500 to £355,571 over the eight months to December 2024, the following assumptions must hold true:

• The value of 12 READE ROAD has moved in line with the HPI for detached houses in the Babergh local authority area.
• The August 2024 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 12 READE ROAD has not materially changed since August 2024.

How Large is 12 READE ROAD?

12 READE ROAD is 92m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses houses in Holbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbrook, and where 12 READE ROAD lies on this distribution: 15% of detached houses houses are smaller than 12 READE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Holbrook.

12 READE ROAD: Plot and Title Map

12 READE ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 12 READE 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 12 READE 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.

Where is 12 READE ROAD?

12 READE ROAD is located in HOLBROOK, in the IP9 postcode district. The below map shows the position of No. 12 on READE ROAD.