BISHOPS LODGE, BISHOPS WAY, STRADBROKE, EYE, IP21 5JR - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BISHOPS LODGE is a very small detached house of 78m². It was last sold for £230,000 in April 2016, which was around 32% below the average April 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was B, and the potential energy rating was B.

BISHOPS LODGE Sold Prices

Land registry data shows four sales for BISHOPS 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 BISHOPS 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
2016 14 APR	£230,000	£336,567	32% below HPI
2013 15 MAR	£190,000	£259,898	27% below HPI
2010 1 JUL	£232,500	£267,949	13% below HPI
2009 28 JUL	£210,000	£234,949	11% below HPI

BISHOPS 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 BISHOPS LODGE sales between July 2009 and April 2016 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 March 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might BISHOPS LODGE be worth now?

BISHOPS LODGE might now be worth an estimated £301,483.

This is based on house price inflation of 31.1%, between April 2016 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for BISHOPS LODGE of £230,000 on 14th April 2016. For the value to have increased from £230,000 to £301,483 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of BISHOPS LODGE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The April 2016 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of BISHOPS LODGE has not materially changed since April 2016.

How Large is BISHOPS LODGE?

BISHOPS LODGE is 78m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stradbroke, and where BISHOPS LODGE lies on this distribution: 13% of detached houses houses are smaller than BISHOPS LODGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

BISHOPS LODGE: Plot and Title Map

BISHOPS LODGE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of BISHOPS 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 BISHOPS 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 BISHOPS LODGE?

BISHOPS LODGE is located on BISHOPS WAY in STRADBROKE, in the IP21 postcode district. The below map shows the position of BISHOPS LODGE on BISHOPS WAY.