5, THE RIDINGS, WORLINGHAM, BECCLES, NR34 7RG - £335,000

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 THE RIDINGS is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £335,000 in November 2023, which was around 21% below the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

5 THE RIDINGS Sold Prices

Land registry data shows three sales for 5 THE RIDINGS 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 5 THE RIDINGS 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
2023 17 NOV	£335,000	£423,833	21% below HPI
2002 17 JUL	£135,000	£158,620	15% below HPI
1996 6 SEP	£66,000	£74,696	12% below HPI

5 THE RIDINGS 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 5 THE RIDINGS sales between September 1996 and November 2023 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 July 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 THE RIDINGS?

5 THE RIDINGS is 108m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Worlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Worlingham, and where 5 THE RIDINGS lies on this distribution: 60% of detached houses are smaller than 5 THE RIDINGS, and 39% of houses are larger. Note that EPC data is not available for all properties in Worlingham.

5 THE RIDINGS: Plot and Title Map

5 THE RIDINGS sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 5 THE RIDINGS, 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 THE RIDINGS). 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 5 THE RIDINGS?

5 THE RIDINGS is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 5 on THE RIDINGS.