21, RED HOUSE LANE, LEISTON, IP16 4LA - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 RED HOUSE LANE is a very small extended semi-detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £300,596. It was last sold for £235,000 in October 2017, which was around 8% above the average October 2017 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

21 RED HOUSE LANE Sold Prices

Land registry data shows three sales for 21 RED HOUSE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 21 RED HOUSE LANE sales were for above the average price, whilst one was 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
2017 4 OCT	£235,000	£218,156	8% above HPI
2012 13 JUL	£169,000	£160,171	6% above HPI
1999 17 NOV	£50,000	£60,849	18% below HPI

21 RED HOUSE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 21 RED HOUSE LANE sales between November 1999 and October 2017 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 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 21 RED HOUSE LANE be worth now?

21 RED HOUSE LANE might now be worth an estimated £300,596.

This is based on house price inflation of 27.9%, between October 2017 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.9% inflationary increase is applied to the most recent sale price for 21 RED HOUSE LANE of £235,000 on 4th October 2017. For the value to have increased from £235,000 to £300,596 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 21 RED HOUSE LANE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 21 RED HOUSE LANE has not materially changed since October 2017.

How Large is 21 RED HOUSE LANE?

21 RED HOUSE LANE is 71m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of semi-detached houses houses in Leiston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leiston, and where 21 RED HOUSE LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 21 RED HOUSE LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Leiston.

21 RED HOUSE LANE: Plot and Title Map

21 RED HOUSE LANE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 21 RED HOUSE 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 21 RED HOUSE 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 21 RED HOUSE LANE?

21 RED HOUSE LANE is located in LEISTON, in the IP16 postcode district. The below map shows the position of No. 21 on RED HOUSE LANE.