16, DRAPERS HILL, STRADBROKE, EYE, IP21 5LQ - £325,000

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

16 DRAPERS HILL is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £325,000 in August 2022, which was around 24% below the average August 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.

16 DRAPERS HILL Sold Prices

Land registry data shows three sales for 16 DRAPERS HILL 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 16 DRAPERS HILL 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
2022 23 AUG	£325,000	£427,520	24% below HPI
2006 21 SEP	£159,000	£255,672	38% below HPI
2000 26 MAY	£102,500	£126,872	19% below HPI

16 DRAPERS HILL 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 16 DRAPERS HILL sales between May 2000 and August 2022 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 September 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 DRAPERS HILL?

16 DRAPERS HILL is 74m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 16 DRAPERS HILL lies on this distribution: 7% of detached houses are smaller than 16 DRAPERS HILL, and 93% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

16 DRAPERS HILL: Plot and Title Map

16 DRAPERS HILL sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 16 DRAPERS HILL, 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 16 DRAPERS HILL). 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 16 DRAPERS HILL?

16 DRAPERS HILL is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 16 on DRAPERS HILL.