16, THE ORCHARDS, LAXFIELD, WOODBRIDGE, IP13 8EE - £270,000

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 THE ORCHARDS is a small extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £270,000 in May 2019, which was around 26% below the average May 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

16 THE ORCHARDS Sold Prices

Land registry data shows two sales for 16 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 16 THE ORCHARDS 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
2019 22 MAY	£270,000	£364,129	26% below HPI
2014 21 JUL	£236,000	£289,270	18% below HPI

16 THE ORCHARDS 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 two 16 THE ORCHARDS sales from July 2014 and May 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 July 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 THE ORCHARDS?

16 THE ORCHARDS is 103m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where 16 THE ORCHARDS lies on this distribution: 34% of detached houses are smaller than 16 THE ORCHARDS, and 66% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

16 THE ORCHARDS: Plot and Title Map

16 THE ORCHARDS sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 16 THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

16 THE ORCHARDS is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 16 on THE ORCHARDS.