8, GORSE ROAD, REYDON, SOUTHWOLD, IP18 6NQ - £585,000

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

8 GORSE ROAD is a midsized detached house of 97m², built sometime between 1930 and 1949. It was last sold for £585,000 in May 2022, which was around 38% above the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

8 GORSE ROAD Sold Prices

Land registry data shows three sales for 8 GORSE 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 East Suffolk local authority area for the corresponding sale date. All of the three 8 GORSE ROAD sales were 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 26 MAY	£585,000	£423,073	38% above HPI
2003 11 FEB	£268,750	£178,688	50% above HPI
1999 28 MAY	£120,000	£91,995	30% above HPI

8 GORSE 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 three 8 GORSE ROAD sales between May 1999 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 February 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2022 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 8 GORSE ROAD?

8 GORSE ROAD is 97m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 8 GORSE ROAD lies on this distribution: 42% of detached houses are smaller than 8 GORSE ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Reydon.

8 GORSE ROAD: Plot and Title Map

8 GORSE ROAD sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 8 GORSE 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 8 GORSE 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 8 GORSE ROAD?

8 GORSE ROAD is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 8 on GORSE ROAD.