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
18 PACKARD PLACE is a very small semi-detached house of 74m², built sometime between 1967 and 1975. It was last sold for £250,000 in August 2019, which was around 32% below the average August 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 18 PACKARD PLACE since 1st 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 18 PACKARD PLACE 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 23 AUG | £250,000 | £370,050 | 32% below HPI |
2015 27 FEB | £210,000 | £293,744 | 29% below HPI |
1996 21 MAY | £48,000 | £77,211 | 38% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 18 PACKARD PLACE sales between May 1996 and August 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 February 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
18 PACKARD PLACE is 74m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Bramford, based on EPC data. The below chart shows the distribution of detached houses by size in Bramford, and where 18 PACKARD PLACE lies on this distribution: 12% of detached houses are smaller than 18 PACKARD PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bramford.
18 PACKARD PLACE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 18 PACKARD PLACE, 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 18 PACKARD PLACE). 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.
18 PACKARD PLACE is located in BRAMFORD, in the IP8 postcode district. The below map shows the position of No. 18 on PACKARD PLACE.