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 OLD FARM ROAD is a midsized extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2019, which was around 21% below the average August 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 OLD FARM 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 OLD FARM 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 |
---|---|---|---|
2019 2 AUG | £275,000 | £350,133 | 21% below HPI |
2015 17 JUN | £210,000 | £296,524 | 29% below HPI |
1997 6 AUG | £57,250 | £83,677 | 32% 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 7 OLD FARM ROAD sales between August 1997 and August 2019 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
7 OLD FARM ROAD is 95m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where 7 OLD FARM ROAD lies on this distribution: 52% of detached houses are smaller than 7 OLD FARM ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Beccles.
7 OLD FARM ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 OLD FARM 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 OLD FARM 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 OLD FARM ROAD is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 7 on OLD FARM ROAD.