GREENFIELDS, CHURCH LANE, HEPWORTH, DISS, IP22 2QE - £500,000

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

GREENFIELDS is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £500,000 in October 2023, which was around 11% above the average October 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was B.

GREENFIELDS Sold Prices

Land registry data shows three sales for GREENFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three GREENFIELDS sales were for above the average price, whilst one was 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
2023 13 OCT	£500,000	£449,858	11% above HPI
2017 31 JUL	£495,000	£367,904	35% above HPI
2014 21 MAR	£249,950	£276,227	10% below HPI

GREENFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three GREENFIELDS sales between March 2014 and October 2023 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 July 2017 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is GREENFIELDS?

GREENFIELDS is 120m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses in Hepworth, based on EPC data. The below chart shows the distribution of detached houses by size in Hepworth, and where GREENFIELDS lies on this distribution: 51% of detached houses are smaller than GREENFIELDS, and 44% of houses are larger. Note that EPC data is not available for all properties in Hepworth.

GREENFIELDS: Plot and Title Map

GREENFIELDS sits on a plot of roughly 1.1 acres, or 4,350m². The below map shows the location of GREENFIELDS, 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 GREENFIELDS). 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 GREENFIELDS?

GREENFIELDS is located on CHURCH LANE in HEPWORTH, in the IP22 postcode district. The below map shows the position of GREENFIELDS on CHURCH LANE.