EUREKA, CLIFF ROAD, WALDRINGFIELD, WOODBRIDGE, IP12 4QL - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

EUREKA is a very small extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £595,000 in August 2022, which was around 37% above the average August 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

EUREKA Sold Prices

Land registry data shows three sales for EUREKA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three EUREKA 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
2022 12 AUG	£595,000	£432,997	37% above HPI
2020 22 MAR	£555,000	£347,467	60% above HPI
2017 17 AUG	£555,000	£338,592	64% above HPI

EUREKA 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 three EUREKA sales between August 2017 and August 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 March 2020 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is EUREKA?

EUREKA is 118m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Waldringfield, based on EPC data. The below chart shows the distribution of detached houses by size in Waldringfield, and where EUREKA lies on this distribution: 15% of detached houses are smaller than EUREKA, and 85% of houses are larger. Note that EPC data is not available for all properties in Waldringfield.

EUREKA: Plot and Title Map

EUREKA sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of EUREKA, 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 EUREKA). 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 EUREKA?

EUREKA is located on CLIFF ROAD in WALDRINGFIELD, in the IP12 postcode district. The below map shows the position of EUREKA on CLIFF ROAD.