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 POUND PLACE is a very large detached house of 188m², built sometime between 1991 and 1995. It was last sold for £265,000 in May 2006, which was around 20% above the average May 2006 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 POUND PLACE 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 POUND PLACE 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 |
---|---|---|---|
2006 10 MAY | £265,000 | £221,098 | 20% above HPI |
2004 14 JUN | £260,000 | £214,961 | 21% above HPI |
1995 26 MAY | £92,000 | £75,650 | 22% 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 POUND PLACE sales between May 1995 and May 2006 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2006 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.
2 POUND PLACE is 188m² according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where 2 POUND PLACE lies on this distribution: 94% of detached houses are smaller than 2 POUND PLACE, and 6% of houses are larger. Note that EPC data is not available for all properties in Beccles.
2 POUND PLACE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 2 POUND 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 2 POUND 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.
2 POUND PLACE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 2 on POUND PLACE.