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

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

12 READE ROAD is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £352,500 in August 2024, which was around 24% 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	£465,090	24% below HPI
2011 29 MAR	£216,000	£282,269	23% below HPI
1999 26 MAR	£75,000	£99,788	25% below HPI
1997 5 DEC	£72,000	£99,707	28% below HPI
1995 1 SEP	£63,000	£81,548	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Holbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Holbrook, and where 12 READE ROAD lies on this distribution: 16% of detached 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.