ALBANY LODGE, QUEEN STREET, STRADBROKE, EYE, IP21 5HH - £165,000

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

ALBANY LODGE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £165,000 in September 2009, which was around 32% below the average September 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

ALBANY LODGE Sold Prices

Land registry data shows four sales for ALBANY LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four ALBANY LODGE 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
2009 24 SEP	£165,000	£241,871	32% below HPI
2005 21 JUN	£179,500	£230,014	22% below HPI
2004 8 APR	£157,500	£206,426	24% below HPI
2002 31 MAY	£133,000	£169,846	22% below HPI

ALBANY LODGE 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 four ALBANY LODGE sales between May 2002 and September 2009 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 June 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2009 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is ALBANY LODGE?

ALBANY LODGE is 72m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where ALBANY LODGE lies on this distribution: 6% of detached houses are smaller than ALBANY LODGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

ALBANY LODGE: Plot and Title Map

ALBANY LODGE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of ALBANY LODGE, 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 ALBANY LODGE). 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 ALBANY LODGE?

ALBANY LODGE is located on QUEEN STREET in STRADBROKE, in the IP21 postcode district. The below map shows the position of ALBANY LODGE on QUEEN STREET.