7, THE LAURELS, WORLINGHAM, BECCLES, NR34 7EU - £300,000

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 THE LAURELS is a large detached house of 115m², built sometime between 1991 and 1995. It was last sold for £300,000 in April 2019, which was around 12% below the average April 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

7 THE LAURELS Sold Prices

Land registry data shows two sales for 7 THE LAURELS 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. One of the two 7 THE LAURELS sales was for below the average price, whilst the other 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
2019 29 APR	£300,000	£339,832	12% below HPI
1995 29 SEP	£85,000	£73,256	16% above HPI

7 THE LAURELS 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 THE LAURELS sales from September 1995 and April 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 September 1995 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 THE LAURELS?

7 THE LAURELS is 115m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Worlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Worlingham, and where 7 THE LAURELS lies on this distribution: 69% of detached houses are smaller than 7 THE LAURELS, and 30% of houses are larger. Note that EPC data is not available for all properties in Worlingham.

7 THE LAURELS: Plot and Title Map

7 THE LAURELS sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 7 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

7 THE LAURELS is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 7 on THE LAURELS.