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
7 FERRY ROAD is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £1,400,000 in May 2021, which was around 276% above the average May 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for 7 FERRY ROAD 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. All of the three 7 FERRY ROAD sales were for above 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 |
---|---|---|---|
2021 10 MAY | £1,400,000 | £372,753 | 276% above HPI |
2017 15 JUN | £470,000 | £332,325 | 41% above HPI |
2001 16 NOV | £195,000 | £144,437 | 35% above 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 7 FERRY ROAD sales between November 2001 and May 2021 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 June 2017 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2021 sale, where it rises to 276% above the HPI. The line then continues to track at 276% above the HPI.
7 FERRY ROAD is 63m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where 7 FERRY ROAD lies on this distribution: 8% of detached houses are smaller than 7 FERRY ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Southwold.
7 FERRY ROAD sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 7 FERRY ROAD, 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 7 FERRY ROAD). 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.
7 FERRY ROAD is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 7 on FERRY ROAD.