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
23 THE ORCHARDS is a midsized detached house of 129m², built sometime between 1976 and 1982. It was last sold for £305,000 in September 2014, which was around 5% above the average September 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 23 THE ORCHARDS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 23 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 |
---|---|---|---|
2014 25 SEP | £305,000 | £291,647 | 5% above HPI |
2009 1 JUN | £250,000 | £221,725 | 13% above HPI |
1996 16 DEC | £98,000 | £81,742 | 20% above HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 23 THE ORCHARDS sales between December 1996 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 June 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
23 THE ORCHARDS is 129m² according to the EPC inspection conducted in December 2008. 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 23 THE ORCHARDS lies on this distribution: 54% of detached houses are smaller than 23 THE ORCHARDS, and 46% of houses are larger. Note that EPC data is not available for all properties in Laxfield.
23 THE ORCHARDS sits on a plot of roughly 0.303 of an acre, or 1,228m². The below map shows the location of 23 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 23 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.
23 THE ORCHARDS is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 23 on THE ORCHARDS.