7, KING EDWARD ROAD, LEISTON, IP16 4HQ - £210,000

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

7 KING EDWARD ROAD is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £210,000 in May 2016, which was around 32% below the average May 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

7 KING EDWARD ROAD Sold Prices

Land registry data shows two sales for 7 KING EDWARD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 7 KING EDWARD ROAD 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
2016 13 MAY	£210,000	£307,292	32% below HPI
1999 30 JUL	£74,950	£96,527	22% below HPI

7 KING EDWARD ROAD 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 two 7 KING EDWARD ROAD sales from July 1999 and May 2016 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 KING EDWARD ROAD?

7 KING EDWARD ROAD is 59m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Leiston, based on EPC data. The below chart shows the distribution of detached houses by size in Leiston, and where 7 KING EDWARD ROAD lies on this distribution: 1% of detached houses are smaller than 7 KING EDWARD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Leiston.

7 KING EDWARD ROAD: Plot and Title Map

7 KING EDWARD ROAD sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 7 KING EDWARD 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 KING EDWARD 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.

Where is 7 KING EDWARD ROAD?

7 KING EDWARD ROAD is located in LEISTON, in the IP16 postcode district. The below map shows the position of No. 7 on KING EDWARD ROAD.