13, BARRETTS LANE, NEEDHAM MARKET, IPSWICH, IP6 8BZ - £330,000

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

13 BARRETTS LANE is a small extended semi-detached house of 96m², built sometime between 1967 and 1975. It was last sold for £330,000 in October 2018, which was around 11% below the average October 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

13 BARRETTS LANE Sold Prices

Land registry data shows three sales for 13 BARRETTS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 13 BARRETTS LANE 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
2018 23 OCT	£330,000	£372,264	11% below HPI
2012 12 DEC	£210,000	£254,825	18% below HPI
2008 14 JAN	£250,000	£279,298	10% below HPI

13 BARRETTS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 13 BARRETTS LANE sales between January 2008 and October 2018 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 December 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 13 BARRETTS LANE?

13 BARRETTS LANE is 96m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Needham Market, and where 13 BARRETTS LANE lies on this distribution: 34% of detached houses are smaller than 13 BARRETTS LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

13 BARRETTS LANE: Plot and Title Map

13 BARRETTS LANE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 13 BARRETTS 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 13 BARRETTS 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.

Where is 13 BARRETTS LANE?

13 BARRETTS LANE is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 13 on BARRETTS LANE.