GRASMERE, ABBEY HILL, HOXNE, EYE, IP21 5AL - £380,000

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

GRASMERE is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £380,000 in March 2016, which was around 17% above the average March 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was F, and the potential energy rating was B.

GRASMERE Sold Prices

Land registry data shows two sales for GRASMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two GRASMERE 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
2016 30 MAR	£380,000	£324,508	17% above HPI
1996 28 JUN	£109,000	£76,158	43% above HPI

GRASMERE 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 two GRASMERE sales from June 1996 and March 2016 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 June 1996 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is GRASMERE?

GRASMERE is 141m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses in Hoxne, based on EPC data. The below chart shows the distribution of detached houses by size in Hoxne, and where GRASMERE lies on this distribution: 74% of detached houses are smaller than GRASMERE, and 26% of houses are larger. Note that EPC data is not available for all properties in Hoxne.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.768 of an acre, or 3,107m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on ABBEY HILL in HOXNE, in the IP21 postcode district. The below map shows the position of GRASMERE on ABBEY HILL.