DAISY PLACE, THE CAUSEWAY, HITCHAM, IPSWICH, IP7 7NE - £295,000

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

DAISY PLACE is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £295,000 in October 2023, which was around 38% below the average October 2023 detached price in the Babergh local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

DAISY PLACE Sold Prices

Land registry data shows three sales for DAISY 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 Babergh local authority area for the corresponding sale date. All of the three DAISY PLACE 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
2023 20 OCT	£295,000	£479,047	38% below HPI
2021 3 DEC	£250,000	£461,815	46% below HPI
2011 8 APR	£153,500	£278,514	45% below HPI

DAISY PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three DAISY PLACE sales between April 2011 and October 2023 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 2021 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is DAISY PLACE?

DAISY PLACE is 79m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Hitcham, based on EPC data. The below chart shows the distribution of detached houses by size in Hitcham, and where DAISY PLACE lies on this distribution: 5% of detached houses are smaller than DAISY PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hitcham.

DAISY PLACE: Plot and Title Map

DAISY PLACE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of DAISY 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 DAISY 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 DAISY PLACE?

DAISY PLACE is located on THE CAUSEWAY in HITCHAM, in the IP7 postcode district. The below map shows the position of DAISY PLACE on THE CAUSEWAY.