31, CROSS STREET, LEISTON, IP16 4DG - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 CROSS STREET is a very small extended detached house of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £224,951. It was last sold for £225,000 in May 2022, which was around 47% below the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

31 CROSS STREET Sold Prices

Land registry data shows five sales for 31 CROSS STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 31 CROSS STREET 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
2022 10 MAY	£225,000	£423,139	47% below HPI
2013 5 AUG	£124,950	£263,248	53% below HPI
2011 21 OCT	£124,995	£253,639	51% below HPI
2008 19 SEP	£115,000	£252,485	54% below HPI
2002 28 MAR	£21,250	£144,145	85% below HPI

31 CROSS STREET 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 five 31 CROSS STREET sales between March 2002 and May 2022 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 August 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 31 CROSS STREET be worth now?

31 CROSS STREET might now be worth an estimated £224,951.

This is based on house price deflation of 0%, between May 2022 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% deflationary decrease is applied to the most recent sale price for 31 CROSS STREET of £225,000 on 10th May 2022. For the value to have decreased from £225,000 to £224,951 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 31 CROSS STREET has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CROSS STREET has not materially changed since May 2022.

How Large is 31 CROSS STREET?

31 CROSS STREET is 68m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in Leiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leiston, and where 31 CROSS STREET lies on this distribution: 4% of detached houses houses are smaller than 31 CROSS STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Leiston.

31 CROSS STREET: Plot and Title Map

31 CROSS STREET sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 31 CROSS STREET, 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 31 CROSS STREET). 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 31 CROSS STREET?

31 CROSS STREET is located in LEISTON, in the IP16 postcode district. The below map shows the position of No. 31 on CROSS STREET.