7, READE ROAD, HOLBROOK, IPSWICH, IP9 2QL - £430,000

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 READE ROAD is a small detached house of 113m², built sometime between 1996 and 2002. It was last sold for £430,000 in February 2022, which was around 9% below the average February 2022 detached price in the Babergh local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

7 READE ROAD Sold Prices

Land registry data shows three sales for 7 READE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Two of the three 7 READE ROAD sales were for below the average price, whilst one was 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
2022 28 FEB	£430,000	£471,526	9% below HPI
2012 27 MAR	£267,000	£284,561	6% below HPI
2001 13 JUN	£149,500	£145,789	3% above HPI

7 READE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 7 READE ROAD sales between June 2001 and February 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 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 READE ROAD?

7 READE ROAD is 113m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Holbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Holbrook, and where 7 READE ROAD lies on this distribution: 26% of detached houses are smaller than 7 READE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Holbrook.

7 READE ROAD: Plot and Title Map

7 READE ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 7 READE 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 READE 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 READE ROAD?

7 READE ROAD is located in HOLBROOK, in the IP9 postcode district. The below map shows the position of No. 7 on READE ROAD.