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 SCHOOL LANE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £325,000 in February 2021, which was around 24% below the average February 2021 detached price in the Babergh local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 4 SCHOOL LANE since 1st 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 4 SCHOOL LANE 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 |
---|---|---|---|
2021 26 FEB | £325,000 | £428,834 | 24% below HPI |
2001 29 JUN | £140,000 | £145,789 | 4% below HPI |
1997 22 JUL | £75,000 | £91,596 | 18% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 4 SCHOOL LANE sales between July 1997 and February 2021 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 June 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
4 SCHOOL LANE is 106m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Brantham, based on EPC data. The below chart shows the distribution of detached houses by size in Brantham, and where 4 SCHOOL LANE lies on this distribution: 44% of detached houses are smaller than 4 SCHOOL LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Brantham.
4 SCHOOL LANE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 4 SCHOOL 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 SCHOOL 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.
4 SCHOOL LANE is located in BRANTHAM, in the CO11 postcode district. The below map shows the position of No. 4 on SCHOOL LANE.