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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 READE ROAD is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £360,831. It was last sold for £229,000 in October 2007, which was around 25% 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	£307,128	25% below HPI
2003 5 DEC	£157,000	£226,271	31% below HPI
1996 23 MAY	£64,000	£84,784	25% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2007 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 34 READE ROAD be worth now?

34 READE ROAD might now be worth an estimated £360,831.

This is based on house price inflation of 57.6%, between October 2007 and December 2024, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.6% inflationary increase is applied to the most recent sale price for 34 READE ROAD of £229,000 on 22nd October 2007. For the value to have increased from £229,000 to £360,831 over the sixteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 34 READE ROAD has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2007 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 34 READE ROAD has not materially changed since October 2007.

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 houses in Holbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbrook, and where 34 READE ROAD lies on this distribution: 6% of detached houses 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.