DRIFTWAY, CHURCH PATH, FRISTON, SAXMUNDHAM, IP17 1PY - £350,000

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

DRIFTWAY is a small detached house of 99m², built sometime before 1900, which could now be worth an estimated £398,588. It was last sold for £350,000 in March 2021, which was around 6% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was A.

DRIFTWAY Sold Prices

Land registry data shows two sales for DRIFTWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two DRIFTWAY 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
2021 18 MAR	£350,000	£371,477	6% below HPI
2015 28 AUG	£202,000	£298,615	32% below HPI

DRIFTWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two DRIFTWAY sales from August 2015 and March 2021 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might DRIFTWAY be worth now?

DRIFTWAY might now be worth an estimated £398,588.

This is based on house price inflation of 13.9%, between March 2021 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for DRIFTWAY of £350,000 on 18th March 2021. For the value to have increased from £350,000 to £398,588 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of DRIFTWAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of DRIFTWAY has not materially changed since March 2021.

How Large is DRIFTWAY?

DRIFTWAY is 99m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Friston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Friston, and where DRIFTWAY lies on this distribution: 35% of detached houses houses are smaller than DRIFTWAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Friston.

DRIFTWAY: Plot and Title Map

DRIFTWAY sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of DRIFTWAY, 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 DRIFTWAY). 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 DRIFTWAY?

DRIFTWAY is located on CHURCH PATH in FRISTON, in the IP17 postcode district. The below map shows the position of DRIFTWAY on CHURCH PATH.