8, THE CHESTNUTS, WRENTHAM, BECCLES, NR34 7EZ - £280,000

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 THE CHESTNUTS is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £280,000 in November 2023, which was around 34% below the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was A.

8 THE CHESTNUTS Sold Prices

Land registry data shows two sales for 8 THE CHESTNUTS 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. Both of the two 8 THE CHESTNUTS 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
2023 24 NOV	£280,000	£423,853	34% below HPI
2000 22 SEP	£38,000	£119,747	68% below HPI

8 THE CHESTNUTS 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 THE CHESTNUTS sales from September 2000 and November 2023 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 September 2000 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the November 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 THE CHESTNUTS?

8 THE CHESTNUTS is 70m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Wrentham, based on EPC data. The below chart shows the distribution of detached houses by size in Wrentham, and where 8 THE CHESTNUTS lies on this distribution: 12% of detached houses are smaller than 8 THE CHESTNUTS, and 87% of houses are larger. Note that EPC data is not available for all properties in Wrentham.

8 THE CHESTNUTS: Plot and Title Map

8 THE CHESTNUTS sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 8 THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

8 THE CHESTNUTS is located in WRENTHAM, in the NR34 postcode district. The below map shows the position of No. 8 on THE CHESTNUTS.