3, COLUMBINE WAY, GISLINGHAM, EYE, IP23 8HL - £226,000

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

3 COLUMBINE WAY is a very small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £226,000 in October 2017, which was around 39% below the average October 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

3 COLUMBINE WAY Sold Prices

Land registry data shows three sales for 3 COLUMBINE WAY since 1^st 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 3 COLUMBINE WAY 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
2017 18 OCT	£226,000	£372,013	39% below HPI
2004 28 OCT	£150,000	£230,792	35% below HPI
2000 10 OCT	£85,000	£133,713	36% below HPI

3 COLUMBINE WAY 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 three 3 COLUMBINE WAY sales between October 2000 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 October 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 COLUMBINE WAY?

3 COLUMBINE WAY is 90m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gislingham, and where 3 COLUMBINE WAY lies on this distribution: 14% of detached houses are smaller than 3 COLUMBINE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

3 COLUMBINE WAY: Plot and Title Map

3 COLUMBINE WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 3 COLUMBINE WAY, 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 3 COLUMBINE WAY). 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 3 COLUMBINE WAY?

3 COLUMBINE WAY is located in GISLINGHAM, in the IP23 postcode district. The below map shows the position of No. 3 on COLUMBINE WAY.