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 LOWER BROOM ROAD is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £341,000 in March 2017, which was around 3% below the average March 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 LOWER BROOM ROAD since 1st 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. One of the two 8 LOWER BROOM ROAD 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 |
---|---|---|---|
2017 3 MAR | £341,000 | £350,037 | 3% below HPI |
1998 29 MAY | £101,750 | £93,146 | 9% above HPI |
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 LOWER BROOM ROAD sales from May 1998 and March 2017 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 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
8 LOWER BROOM ROAD is 124m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses by size in Woolpit, and where 8 LOWER BROOM ROAD lies on this distribution: 60% of detached houses are smaller than 8 LOWER BROOM ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Woolpit.
8 LOWER BROOM ROAD sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 LOWER BROOM 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 LOWER BROOM 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.
8 LOWER BROOM ROAD is located in WOOLPIT, in the IP30 postcode district. The below map shows the position of No. 8 on LOWER BROOM ROAD.