8, LOFTUS AVENUE, REYDON, SOUTHWOLD, IP18 6PX - £472,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 LOFTUS AVENUE is a very large detached house of 166m², built sometime between 1983 and 1990, which could now be worth an estimated £525,432. It was last sold for £472,000 in November 2020, which was around 24% above the average November 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

8 LOFTUS AVENUE Sold Prices

Land registry data shows two sales for 8 LOFTUS AVENUE 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 8 LOFTUS AVENUE sales was for above the average price, whilst the other was 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
2020 4 NOV	£472,000	£380,026	24% above HPI
2009 1 MAY	£189,000	£223,560	15% below HPI

8 LOFTUS AVENUE 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 8 LOFTUS AVENUE sales from May 2009 and November 2020 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 May 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 LOFTUS AVENUE be worth now?

8 LOFTUS AVENUE might now be worth an estimated £525,432.

This is based on house price inflation of 11.3%, between November 2020 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 8 LOFTUS AVENUE of £472,000 on 4th November 2020. For the value to have increased from £472,000 to £525,432 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 LOFTUS AVENUE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2020 sale price of £472,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOFTUS AVENUE has not materially changed since November 2020.

How Large is 8 LOFTUS AVENUE?

8 LOFTUS AVENUE is 166m² according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of detached houses houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reydon, and where 8 LOFTUS AVENUE lies on this distribution: 91% of detached houses houses are smaller than 8 LOFTUS AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Reydon.

8 LOFTUS AVENUE: Plot and Title Map

8 LOFTUS AVENUE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 8 LOFTUS AVENUE, 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 LOFTUS AVENUE). 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 LOFTUS AVENUE?

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