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
5 RAYMENT DRIFT is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £222,000 in December 2005, which was about the average December 2005 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 RAYMENT DRIFT since 1st 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. The three 5 RAYMENT DRIFT sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2005 9 DEC | £222,000 | £221,366 | Close to HPI |
2000 19 APR | £120,000 | £105,000 | 14% above HPI |
1995 21 APR | £71,000 | £76,374 | 7% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 5 RAYMENT DRIFT sales between April 1995 and December 2005 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 April 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2005 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
5 RAYMENT DRIFT is 82m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 5 RAYMENT DRIFT lies on this distribution: 19% of detached houses are smaller than 5 RAYMENT DRIFT, and 80% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.
5 RAYMENT DRIFT sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 RAYMENT DRIFT, 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 RAYMENT DRIFT). 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 RAYMENT DRIFT is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 5 on RAYMENT DRIFT.