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
5 GAYE CRESCENT is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £275,000 in July 2019, which was around 24% below the average July 2019 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 5 GAYE CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 5 GAYE CRESCENT 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 |
---|---|---|---|
2019 3 JUL | £275,000 | £362,315 | 24% below HPI |
2002 1 NOV | £160,000 | £188,786 | 15% below HPI |
1998 12 FEB | £85,000 | £92,585 | 8% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 5 GAYE CRESCENT sales between February 1998 and July 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 November 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
5 GAYE CRESCENT is 114m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of detached houses in Eye, based on EPC data. The below chart shows the distribution of detached houses by size in Eye, and where 5 GAYE CRESCENT lies on this distribution: 45% of detached houses are smaller than 5 GAYE CRESCENT, and 54% of houses are larger. Note that EPC data is not available for all properties in Eye.
5 GAYE CRESCENT sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 5 GAYE CRESCENT, 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 5 GAYE CRESCENT). 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.
5 GAYE CRESCENT is located in EYE, in the IP23 postcode district. The below map shows the position of No. 5 on GAYE CRESCENT.