4, THE LANE, WRENTHAM, BECCLES, NR34 7HF - £293,500

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

4 THE LANE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £293,500 in October 2019, which was around 16% below the average October 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE LANE Sold Prices

Land registry data shows three sales for 4 THE 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 THE LANE sales were for below the average price, whilst one was for above 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
2019 11 OCT	£293,500	£349,022	16% below HPI
2004 17 DEC	£207,500	£220,636	6% below HPI
1996 11 NOV	£82,950	£77,080	8% above HPI

4 THE 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 THE LANE sales between November 1996 and October 2019 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 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 4 THE LANE?

4 THE LANE is 117m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Wrentham, based on EPC data. The below chart shows the distribution of detached houses by size in Wrentham, and where 4 THE LANE lies on this distribution: 55% of detached houses are smaller than 4 THE LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wrentham.

4 THE LANE: Plot and Title Map

4 THE LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 4 THE 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 THE 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 THE LANE?

4 THE LANE is located in WRENTHAM, in the NR34 postcode district. The below map shows the position of No. 4 on THE LANE.