FAIRWINDS, CHURCH LANE, BROMESWELL, WOODBRIDGE, IP12 2PJ - £525,000

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

FAIRWINDS is a large extended detached house of 210m², built sometime between 1950 and 1966. It was last sold for £525,000 in February 2020, which was around 50% above the average February 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.

FAIRWINDS Sold Prices

Land registry data shows two sales for FAIRWINDS 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 FAIRWINDS 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
2020 21 FEB	£525,000	£350,119	50% above HPI
2015 8 DEC	£422,000	£302,738	39% above HPI

FAIRWINDS 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 FAIRWINDS sales from December 2015 and February 2020 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 2015 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2020 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is FAIRWINDS?

FAIRWINDS is 210m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses in Bromeswell, based on EPC data. The below chart shows the distribution of detached houses by size in Bromeswell, and where FAIRWINDS lies on this distribution: 65% of detached houses are smaller than FAIRWINDS, and 35% of houses are larger. Note that EPC data is not available for all properties in Bromeswell.

FAIRWINDS: Plot and Title Map

FAIRWINDS sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of FAIRWINDS, 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 FAIRWINDS). 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 FAIRWINDS?

FAIRWINDS is located on CHURCH LANE in BROMESWELL, in the IP12 postcode district. The below map shows the position of FAIRWINDS on CHURCH LANE.