3, VICTORY ROAD, LEISTON, IP16 4DQ - £195,000

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 VICTORY ROAD is a large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £195,000 in March 2012, which was around 23% below the average March 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

3 VICTORY ROAD Sold Prices

Land registry data shows two sales for 3 VICTORY ROAD since 1^st 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 3 VICTORY ROAD 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
2012 12 MAR	£195,000	£251,707	23% below HPI
1997 25 JUL	£45,500	£82,831	45% below HPI

3 VICTORY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 3 VICTORY ROAD sales from July 1997 and March 2012 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 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2012 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 VICTORY ROAD?

3 VICTORY ROAD is 139m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of detached houses in Leiston, based on EPC data. The below chart shows the distribution of detached houses by size in Leiston, and where 3 VICTORY ROAD lies on this distribution: 78% of detached houses are smaller than 3 VICTORY ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Leiston.

3 VICTORY ROAD: Plot and Title Map

3 VICTORY ROAD sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 3 VICTORY ROAD, 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 VICTORY ROAD). 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 VICTORY ROAD?

3 VICTORY ROAD is located in LEISTON, in the IP16 postcode district. The below map shows the position of No. 3 on VICTORY ROAD.