DRIFTWAY HOUSE, LOWER HAUGH LANE, WOODBRIDGE, IP12 4NJ - £1,000,000

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.

DRIFTWAY HOUSE is a very large detached house of 281m², built sometime between 2003 and 2006, which could now be worth an estimated £1,111,574. It was last sold for £1,000,000 in June 2021, which was around 163% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

DRIFTWAY HOUSE Sold Prices

Land registry data shows two sales for DRIFTWAY HOUSE 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 HOUSE sales were for above 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 30 JUN	£1,000,000	£380,583	163% above HPI
2008 2 DEC	£750,000	£233,529	221% above HPI

DRIFTWAY HOUSE 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 HOUSE sales from December 2008 and June 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 December 2008 sale was for 221% above the HPI. So the extrapolation line tracks at 221% above the HPI over time, until the June 2021 sale, where it falls to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might DRIFTWAY HOUSE be worth now?

DRIFTWAY HOUSE might now be worth an estimated £1,111,574.

This is based on house price inflation of 11.2%, between June 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 11.2% inflationary increase is applied to the most recent sale price for DRIFTWAY HOUSE of £1,000,000 on 30th June 2021. For the value to have increased from £1,000,000 to £1,111,574 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of DRIFTWAY HOUSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2021 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of DRIFTWAY HOUSE has not materially changed since June 2021.

How Large is DRIFTWAY HOUSE?

DRIFTWAY HOUSE is 281m² according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodbridge, and where DRIFTWAY HOUSE lies on this distribution: 97% of detached houses houses are smaller than DRIFTWAY HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

DRIFTWAY HOUSE: Plot and Title Map

DRIFTWAY HOUSE sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of DRIFTWAY HOUSE, 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 HOUSE). 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 HOUSE?

DRIFTWAY HOUSE is located on LOWER HAUGH LANE in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of DRIFTWAY HOUSE on LOWER HAUGH LANE.