43, THE DRIVE, REYDON, SOUTHWOLD, IP18 6PN - £295,000

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

43 THE DRIVE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £295,000 in July 2018, which was around 17% below the average July 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

43 THE DRIVE Sold Prices

Land registry data shows three sales for 43 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 43 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
2018 14 JUL	£295,000	£354,036	17% below HPI
2004 2 AUG	£180,000	£220,909	19% below HPI
1997 10 FEB	£65,500	£78,673	17% below HPI

43 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 43 THE DRIVE sales between February 1997 and July 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 August 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 43 THE DRIVE?

43 THE DRIVE is 71m² according to the EPC inspection conducted in September 2015. 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 43 THE DRIVE lies on this distribution: 13% of detached houses are smaller than 43 THE DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Reydon.

43 THE DRIVE: Plot and Title Map

43 THE DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 43 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 43 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 43 THE DRIVE?

43 THE DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 43 on THE DRIVE.