BYWAYS, COLDHAM LANE, GISLINGHAM, EYE, IP23 8JA - £164,950

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

BYWAYS is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £164,950 in October 2012, which was around 35% below the average October 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

BYWAYS Sold Prices

Land registry data shows two sales for BYWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two BYWAYS 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
2012 1 OCT	£164,950	£254,725	35% below HPI
2007 12 DEC	£178,000	£280,837	37% below HPI

BYWAYS 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 two BYWAYS sales from December 2007 and October 2012 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 December 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2012 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is BYWAYS?

BYWAYS is 79m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gislingham, and where BYWAYS lies on this distribution: 7% of detached houses are smaller than BYWAYS, and 93% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

BYWAYS: Plot and Title Map

BYWAYS sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of BYWAYS, 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 BYWAYS). 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 BYWAYS?

BYWAYS is located on COLDHAM LANE in GISLINGHAM, in the IP23 postcode district. The below map shows the position of BYWAYS on COLDHAM LANE.