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 STATION ROAD is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £240,000 in January 2015, which was around 15% below the average January 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 STATION ROAD 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. Two of the three 2 STATION ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2015 29 JAN | £240,000 | £282,606 | 15% below HPI |
2007 13 NOV | £282,000 | £270,679 | 4% above HPI |
2002 8 NOV | £100,000 | £176,508 | 43% below 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 STATION ROAD sales between November 2002 and January 2015 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 November 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
2 STATION ROAD is 84m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 2 STATION ROAD lies on this distribution: 12% of detached houses are smaller than 2 STATION ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.
2 STATION ROAD sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 2 on STATION ROAD.