22, THE ORCHARDS, LAXFIELD, WOODBRIDGE, IP13 8EE - £425,000

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

22 THE ORCHARDS is a midsized detached house of 129m², built sometime between 1976 and 1982. It was last sold for £425,000 in February 2018, which was around 14% above the average February 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

22 THE ORCHARDS Sold Prices

Land registry data shows four sales for 22 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the four 22 THE ORCHARDS 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
2018 9 FEB	£425,000	£374,050	14% above HPI
2012 26 OCT	£250,000	£254,725	2% below HPI
2002 11 JUN	£185,000	£172,655	7% above HPI
1997 24 OCT	£110,000	£90,248	22% above HPI

22 THE ORCHARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 22 THE ORCHARDS sales between October 1997 and February 2018 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 October 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 22 THE ORCHARDS?

22 THE ORCHARDS is 129m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where 22 THE ORCHARDS lies on this distribution: 55% of detached houses are smaller than 22 THE ORCHARDS, and 45% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

22 THE ORCHARDS: Plot and Title Map

22 THE ORCHARDS sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of 22 THE ORCHARDS, 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 22 THE ORCHARDS). 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 22 THE ORCHARDS?

22 THE ORCHARDS is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 22 on THE ORCHARDS.