DELTA, CRATFIELD ROAD, FRESSINGFIELD, EYE, IP21 5QD - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

DELTA is a small extended detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £382,814. It was last sold for £320,000 in October 2018, which was around 16% below the average October 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

DELTA Sold Prices

Land registry data shows two sales for DELTA 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 DELTA 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
2018 22 OCT	£320,000	£381,033	16% below HPI
2014 14 FEB	£210,000	£276,540	24% below HPI

DELTA 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 DELTA sales from February 2014 and October 2018 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 February 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might DELTA be worth now?

DELTA might now be worth an estimated £382,814.

This is based on house price inflation of 19.6%, between October 2018 and February 2025, 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 19.6% inflationary increase is applied to the most recent sale price for DELTA of £320,000 on 22nd October 2018. For the value to have increased from £320,000 to £382,814 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of DELTA has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of DELTA has not materially changed since October 2018.

How Large is DELTA?

DELTA is 103m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Fressingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fressingfield, and where DELTA lies on this distribution: 28% of detached houses houses are smaller than DELTA, and 71% of houses are larger. Note that EPC data is not available for all properties in Fressingfield.

DELTA: Plot and Title Map

DELTA sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of DELTA, 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 DELTA). 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 DELTA?

DELTA is located on CRATFIELD ROAD in FRESSINGFIELD, in the IP21 postcode district. The below map shows the position of DELTA on CRATFIELD ROAD.