4, GORSE LANE, REYDON, SOUTHWOLD, IP18 6NG - £405,000

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

4 GORSE LANE is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £405,000 in February 2018, which was around 18% above the average February 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

4 GORSE LANE Sold Prices

Land registry data shows three sales for 4 GORSE LANE 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. Two of the three 4 GORSE LANE sales were for above the average price, whilst one was 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
2018 14 FEB	£405,000	£344,603	18% above HPI
2001 30 JUL	£147,500	£130,926	13% above HPI
1997 17 DEC	£61,000	£84,679	28% below HPI

4 GORSE LANE 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 4 GORSE LANE sales between December 1997 and February 2018 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 July 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 4 GORSE LANE?

4 GORSE LANE is 104m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 4 GORSE LANE lies on this distribution: 51% of detached houses are smaller than 4 GORSE LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Reydon.

4 GORSE LANE: Plot and Title Map

4 GORSE LANE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 4 GORSE LANE, 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 4 GORSE LANE). 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 4 GORSE LANE?

4 GORSE LANE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 4 on GORSE LANE.