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
26 THE DRIVE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £310,000 in November 2019, which was around 12% below the average November 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 26 THE DRIVE since 1st 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 26 THE DRIVE 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 |
---|---|---|---|
2019 5 NOV | £310,000 | £352,095 | 12% below HPI |
2002 26 JUL | £125,000 | £158,620 | 21% 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 two 26 THE DRIVE sales from July 2002 and November 2019 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
26 THE DRIVE is 66m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 26 THE DRIVE lies on this distribution: 8% of detached houses are smaller than 26 THE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Reydon.
26 THE DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 26 THE DRIVE, 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 26 THE DRIVE). 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.
26 THE DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 26 on THE DRIVE.