DEERS LEAP, DOCTORS LANE, STRADBROKE, EYE, IP21 5HU - £340,000

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

DEERS LEAP is a very small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £340,000 in June 2022, which was around 22% below the average June 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

DEERS LEAP Sold Prices

Land registry data shows two sales for DEERS LEAP 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 DEERS LEAP 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
2022 21 JUN	£340,000	£435,767	22% below HPI
2018 29 OCT	£265,000	£381,033	30% below HPI

DEERS LEAP 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 DEERS LEAP sales from October 2018 and June 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 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might DEERS LEAP be worth now?

DEERS LEAP might now be worth an estimated £344,216.

This is based on house price inflation of 1.2%, between June 2022 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 1.2% inflationary increase is applied to the most recent sale price for DEERS LEAP of £340,000 on 21st June 2022. For the value to have increased from £340,000 to £344,216 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of DEERS LEAP has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of DEERS LEAP has not materially changed since June 2022.

How Large is DEERS LEAP?

DEERS LEAP is 82m² according to the EPC inspection conducted in March 2022. 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 DEERS LEAP lies on this distribution: 16% of detached houses houses are smaller than DEERS LEAP, and 83% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

DEERS LEAP: Plot and Title Map

DEERS LEAP sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of DEERS LEAP, 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 DEERS LEAP). 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 DEERS LEAP?

DEERS LEAP is located on DOCTORS LANE in STRADBROKE, in the IP21 postcode district. The below map shows the position of DEERS LEAP on DOCTORS LANE.