2, LONG AVENUE, SAXMUNDHAM, IP17 1WG - £350,000

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

2 LONG AVENUE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £350,000 in September 2023, which was around 19% below the average September 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 LONG AVENUE Sold Prices

Land registry data shows five sales for 2 LONG AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 2 LONG AVENUE 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
2023 8 SEP	£350,000	£432,706	19% below HPI
2018 4 JUN	£262,000	£350,472	25% below HPI
2012 8 JUN	£209,000	£253,117	17% below HPI
2006 10 APR	£172,000	£220,185	22% below HPI
2002 10 JUL	£120,000	£158,620	24% below HPI

2 LONG AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The five 2 LONG AVENUE sales between July 2002 and September 2023 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 June 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 LONG AVENUE?

2 LONG AVENUE is 120m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses in Saxmundham, based on EPC data. The below chart shows the distribution of detached houses by size in Saxmundham, and where 2 LONG AVENUE lies on this distribution: 60% of detached houses are smaller than 2 LONG AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Saxmundham.

2 LONG AVENUE: Plot and Title Map

2 LONG AVENUE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 2 LONG AVENUE, 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 LONG AVENUE). 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 2 LONG AVENUE?

2 LONG AVENUE is located in SAXMUNDHAM, in the IP17 postcode district. The below map shows the position of No. 2 on LONG AVENUE.