BROOK PLACE, WATER LANE, RICKINGHALL, DISS, IP22 1EL - £575,000

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

BROOK PLACE is a very large extended detached house of 263m², built sometime between 1991 and 1995. It was last sold for £575,000 in October 2020, which was around 51% above the average October 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

BROOK PLACE Sold Prices

Land registry data shows three sales for BROOK PLACE 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. Two of the three BROOK PLACE sales were for above the average price, whilst one was 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
2020 16 OCT	£575,000	£381,936	51% above HPI
1997 28 AUG	£220,000	£89,741	145% above HPI
1996 16 AUG	£60,000	£77,976	23% below HPI

BROOK PLACE 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 BROOK PLACE sales between August 1996 and October 2020 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 August 1997 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the October 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is BROOK PLACE?

BROOK PLACE is 263m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 10% of detached houses in Rickinghall, based on EPC data. The below chart shows the distribution of detached houses by size in Rickinghall, and where BROOK PLACE lies on this distribution: 97% of detached houses are smaller than BROOK PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Rickinghall.

BROOK PLACE: Plot and Title Map

BROOK PLACE sits on a plot of roughly 0.475 of an acre, or 1,922m². The below map shows the location of BROOK PLACE, 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 BROOK PLACE). 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 BROOK PLACE?

BROOK PLACE is located on WATER LANE in RICKINGHALL, in the IP22 postcode district. The below map shows the position of BROOK PLACE on WATER LANE.