65, THE DRIVE, REYDON, SOUTHWOLD, IP18 6PN - £425,000

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

65 THE DRIVE is a midsized extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £425,000 in March 2022, which was around 3% above the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

65 THE DRIVE Sold Prices

Land registry data shows four sales for 65 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. two of the four 65 THE DRIVE sales were for above the average price, and four 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
2022 4 MAR	£425,000	£411,636	3% above HPI
2016 31 MAR	£320,000	£308,457	4% above HPI
2007 1 JUN	£196,000	£245,338	20% below HPI
1999 30 JUL	£76,500	£96,527	21% below HPI

65 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 four 65 THE DRIVE sales between July 1999 and March 2022 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 March 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 65 THE DRIVE?

65 THE DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 65 THE DRIVE lies on this distribution: 46% of detached houses are smaller than 65 THE DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Reydon.

65 THE DRIVE: Plot and Title Map

65 THE DRIVE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 65 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 65 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 65 THE DRIVE?

65 THE DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 65 on THE DRIVE.