34, READE ROAD, HOLBROOK, IPSWICH, IP9 2QL - £229,000

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

34 READE ROAD is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £229,000 in October 2007, which was around 24% below the average October 2007 detached price in the Babergh local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

34 READE ROAD Sold Prices

Land registry data shows three sales for 34 READE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 34 READE 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
2007 22 OCT	£229,000	£300,368	24% below HPI
2003 5 DEC	£157,000	£221,291	29% below HPI
1996 23 MAY	£64,000	£82,918	23% below HPI

34 READE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 34 READE ROAD sales between May 1996 and October 2007 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 December 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2007 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 34 READE ROAD?

34 READE ROAD is 78m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Holbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Holbrook, and where 34 READE ROAD lies on this distribution: 6% of detached houses are smaller than 34 READE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Holbrook.

34 READE ROAD: Plot and Title Map

34 READE ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 34 READE 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 34 READE 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 34 READE ROAD?

34 READE ROAD is located in HOLBROOK, in the IP9 postcode district. The below map shows the position of No. 34 on READE ROAD.