36, THE DRIVE, REYDON, SOUTHWOLD, IP18 6PP - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

36 THE DRIVE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £370,000 in January 2024, which was around 13% below the average January 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

36 THE DRIVE Sold Prices

Land registry data shows two sales for 36 THE DRIVE 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 36 THE DRIVE 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
2024 3 JAN	£370,000	£425,214	13% below HPI
1996 3 APR	£58,000	£73,668	21% below HPI

36 THE DRIVE 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 36 THE DRIVE sales from April 1996 and January 2024 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 April 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 36 THE DRIVE?

36 THE DRIVE is 73m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 36 THE DRIVE lies on this distribution: 14% of detached houses are smaller than 36 THE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Reydon.

36 THE DRIVE: Plot and Title Map

36 THE DRIVE sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 36 THE DRIVE, 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 36 THE DRIVE). 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 36 THE DRIVE?

36 THE DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 36 on THE DRIVE.