2, THREE MARSH LANE, REYDON, SOUTHWOLD, IP18 6NP - £275,000

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 THREE MARSH LANE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £275,000 in September 2014, which was around 3% below the average September 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 THREE MARSH LANE Sold Prices

Land registry data shows two sales for 2 THREE MARSH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 2 THREE MARSH LANE 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
2014 10 SEP	£275,000	£282,904	3% below HPI
1998 13 JUL	£89,000	£89,503	1% below HPI

2 THREE MARSH LANE 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 two 2 THREE MARSH LANE sales from July 1998 and September 2014 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 July 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 THREE MARSH LANE?

2 THREE MARSH LANE is 90m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 2 THREE MARSH LANE lies on this distribution: 32% of detached houses are smaller than 2 THREE MARSH LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Reydon.

2 THREE MARSH LANE: Plot and Title Map

2 THREE MARSH LANE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 2 THREE MARSH LANE, 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 THREE MARSH LANE). 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 THREE MARSH LANE?

2 THREE MARSH LANE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 2 on THREE MARSH LANE.