FAIRWAYS, NEW STREET, STRADBROKE, EYE, IP21 5JJ - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FAIRWAYS is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £375,000 in March 2018, which was around 2% above the average March 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the three FAIRWAYS sales was for above the average price, whilst two 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 6 MAR	£375,000	£367,375	2% above HPI
2005 1 DEC	£170,000	£235,595	28% below HPI
1998 27 FEB	£73,000	£92,585	21% below HPI

FAIRWAYS 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 three FAIRWAYS sales between February 1998 and March 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 December 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 140m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where FAIRWAYS lies on this distribution: 62% of detached houses are smaller than FAIRWAYS, and 35% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on NEW STREET in STRADBROKE, in the IP21 postcode district. The below map shows the position of FAIRWAYS on NEW STREET.