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 GROVE GARDENS is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £480,000 in October 2021, which was around 22% above the average October 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 8 GROVE GARDENS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 8 GROVE GARDENS 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 |
---|---|---|---|
2021 28 OCT | £480,000 | £394,339 | 22% above HPI |
2019 1 FEB | £395,000 | £351,849 | 12% above HPI |
2005 2 DEC | £240,000 | £221,366 | 8% above HPI |
2002 1 NOV | £196,000 | £176,508 | 11% above HPI |
1997 4 AUG | £105,000 | £83,677 | 25% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The five 8 GROVE GARDENS sales between August 1997 and October 2021 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 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
8 GROVE GARDENS is 96m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 8 GROVE GARDENS lies on this distribution: 24% of detached houses are smaller than 8 GROVE GARDENS, and 75% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.
8 GROVE GARDENS sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 8 GROVE GARDENS, 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 GROVE GARDENS). 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.
8 GROVE GARDENS is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 8 on GROVE GARDENS.