39, THE DRIVE, REYDON, SOUTHWOLD, IP18 6PN - £235,000

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

39 THE DRIVE is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £235,000 in November 2014, which was around 18% below the average November 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

39 THE DRIVE Sold Prices

Land registry data shows three sales for 39 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 39 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
2014 20 NOV	£235,000	£286,739	18% below HPI
2004 17 AUG	£187,500	£220,909	15% below HPI
1998 30 SEP	£67,000	£91,426	27% below HPI

39 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 three 39 THE DRIVE sales between September 1998 and November 2014 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 39 THE DRIVE?

39 THE DRIVE is 67m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 39 THE DRIVE lies on this distribution: 9% of detached houses are smaller than 39 THE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reydon.

39 THE DRIVE: Plot and Title Map

39 THE DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 39 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 39 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 39 THE DRIVE?

39 THE DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 39 on THE DRIVE.