BADGERS BANK, SANDY LANE, SNAPE, SAXMUNDHAM, IP17 1SE - £580,000

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

BADGERS BANK is a small extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £580,000 in March 2022, which was around 41% above the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

BADGERS BANK Sold Prices

Land registry data shows two sales for BADGERS BANK 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 BADGERS BANK sales were 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
2022 31 MAR	£580,000	£411,636	41% above HPI
2019 11 OCT	£375,000	£349,022	7% above HPI

BADGERS BANK 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 BADGERS BANK sales from October 2019 and March 2022 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 October 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2022 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is BADGERS BANK?

BADGERS BANK is 120m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Snape, based on EPC data. The below chart shows the distribution of detached houses by size in Snape, and where BADGERS BANK lies on this distribution: 37% of detached houses are smaller than BADGERS BANK, and 63% of houses are larger. Note that EPC data is not available for all properties in Snape.

BADGERS BANK: Plot and Title Map

BADGERS BANK sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of BADGERS BANK, 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 BADGERS BANK). 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 BADGERS BANK?

BADGERS BANK is located on SANDY LANE in SNAPE, in the IP17 postcode district. The below map shows the position of BADGERS BANK on SANDY LANE.