GREYFRIARS LODGE, THE STREET, HACHESTON, WOODBRIDGE, IP13 0DR - £430,000

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

GREYFRIARS LODGE is a very large extended detached house of 287m², built sometime between 1900 and 1929. It was last sold for £430,000 in February 2017, which was around 30% above the average February 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.

GREYFRIARS LODGE Sold Prices

Land registry data shows two sales for GREYFRIARS LODGE 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 GREYFRIARS LODGE 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
2017 27 FEB	£430,000	£329,544	30% above HPI
2001 31 JUL	£270,000	£130,926	106% above HPI

GREYFRIARS LODGE 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 GREYFRIARS LODGE sales from July 2001 and February 2017 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 2001 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the February 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is GREYFRIARS LODGE?

GREYFRIARS LODGE is 287m², which includes three extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Hacheston, based on EPC data. The below chart shows the distribution of detached houses by size in Hacheston, and where GREYFRIARS LODGE lies on this distribution: 97% of detached houses are smaller than GREYFRIARS LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hacheston.

GREYFRIARS LODGE: Plot and Title Map

GREYFRIARS LODGE sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of GREYFRIARS LODGE, 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 GREYFRIARS LODGE). 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 GREYFRIARS LODGE?

GREYFRIARS LODGE is located on THE STREET in HACHESTON, in the IP13 postcode district. The below map shows the position of GREYFRIARS LODGE on THE STREET.