8, DRAPERS HILL, STRADBROKE, EYE, IP21 5LQ - £295,000

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

8 DRAPERS HILL is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £295,000 in May 2022, which was around 31% below the average May 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

8 DRAPERS HILL Sold Prices

Land registry data shows two sales for 8 DRAPERS HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 8 DRAPERS HILL 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
2022 6 MAY	£295,000	£425,768	31% below HPI
2000 23 JUN	£77,400	£128,686	40% below HPI

8 DRAPERS HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 8 DRAPERS HILL sales from June 2000 and May 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 June 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 DRAPERS HILL?

8 DRAPERS HILL is 59m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where 8 DRAPERS HILL lies on this distribution: 1% of detached houses are smaller than 8 DRAPERS HILL, and 98% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

8 DRAPERS HILL: Plot and Title Map

8 DRAPERS HILL sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 8 DRAPERS HILL, 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 8 DRAPERS HILL). 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 8 DRAPERS HILL?

8 DRAPERS HILL is located in STRADBROKE, in the IP21 postcode district. The below map shows the position of No. 8 on DRAPERS HILL.