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 GORSE VIEW is a small extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £444,000 in June 2018, which was around 27% above the average June 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows three sales for 2 GORSE VIEW since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 GORSE VIEW sales were for above 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 15 JUN | £444,000 | £350,472 | 27% above HPI |
2000 2 OCT | £145,000 | £117,564 | 23% above HPI |
1998 3 JUL | £96,950 | £89,503 | 8% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 2 GORSE VIEW sales between July 1998 and June 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 October 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2018 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.
2 GORSE VIEW is 120m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses by size in Westleton, and where 2 GORSE VIEW lies on this distribution: 39% of detached houses are smaller than 2 GORSE VIEW, and 61% of houses are larger. Note that EPC data is not available for all properties in Westleton.
2 GORSE VIEW sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 2 GORSE VIEW, 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 GORSE VIEW). 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 GORSE VIEW is located in WESTLETON, in the IP17 postcode district. The below map shows the position of No. 2 on GORSE VIEW.