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
2 GALLOWS HILL is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £344,000 in October 2020, which was around 18% below the average October 2020 detached price in the Babergh local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 GALLOWS HILL since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. The four 2 GALLOWS HILL sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2020 29 OCT | £344,000 | £418,141 | 18% below HPI |
2001 24 MAY | £145,000 | £145,417 | Close to HPI |
2001 19 MAR | £138,000 | £140,392 | 2% below HPI |
2000 14 JUL | £110,000 | £129,602 | 15% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 2 GALLOWS HILL sales between July 2000 and October 2020 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 May 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
2 GALLOWS HILL is 80m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hadleigh, and where 2 GALLOWS HILL lies on this distribution: 13% of detached houses are smaller than 2 GALLOWS HILL, and 86% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.
2 GALLOWS HILL sits on a plot of roughly 0.258 of an acre, or 1,043m². The below map shows the location of 2 GALLOWS 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 2 GALLOWS 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.
2 GALLOWS HILL is located in HADLEIGH, in the IP7 postcode district. The below map shows the position of No. 2 on GALLOWS HILL.