8, THE FAIRSTEAD, BOTESDALE, DISS, IP22 1DG - £220,000

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 FAIRSTEAD is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £220,000 in August 2006, which was around 13% below the average August 2006 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

8 THE FAIRSTEAD Sold Prices

Land registry data shows three sales for 8 THE FAIRSTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 8 THE FAIRSTEAD 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
2006 23 AUG	£220,000	£251,467	13% below HPI
2004 21 JUL	£210,000	£221,369	5% below HPI
1996 6 SEP	£73,500	£80,138	8% below HPI

8 THE FAIRSTEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 8 THE FAIRSTEAD sales between September 1996 and August 2006 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 July 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2006 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 THE FAIRSTEAD?

8 THE FAIRSTEAD is 80m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Botesdale, based on EPC data. The below chart shows the distribution of detached houses by size in Botesdale, and where 8 THE FAIRSTEAD lies on this distribution: 13% of detached houses are smaller than 8 THE FAIRSTEAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Botesdale.

8 THE FAIRSTEAD: Plot and Title Map

8 THE FAIRSTEAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 8 THE FAIRSTEAD, 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 FAIRSTEAD). 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 FAIRSTEAD?

8 THE FAIRSTEAD is located in BOTESDALE, in the IP22 postcode district. The below map shows the position of No. 8 on THE FAIRSTEAD.