GROVE HOUSE, QUEENS ROAD, REYDON, SOUTHWOLD, IP18 6QH - £275,000

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

GROVE HOUSE is a very large detached house of 145m². It was last sold for £275,000 in March 2022, which was around 33% below the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was B, and the potential energy rating was B.

GROVE HOUSE Sold Prices

Land registry data shows two sales for GROVE HOUSE 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. One of the two GROVE HOUSE sales was for below the average price, whilst the other was 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
2022 9 MAR	£275,000	£411,636	33% below HPI
2014 12 AUG	£375,000	£276,803	35% above HPI

GROVE HOUSE 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 GROVE HOUSE sales from August 2014 and March 2022 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 August 2014 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is GROVE HOUSE?

GROVE HOUSE is 145m² according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where GROVE HOUSE lies on this distribution: 83% of detached houses are smaller than GROVE HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Reydon.

GROVE HOUSE: Plot and Title Map

GROVE HOUSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of GROVE HOUSE, 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 GROVE HOUSE). 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 GROVE HOUSE?

GROVE HOUSE is located on QUEENS ROAD in REYDON, in the IP18 postcode district. The below map shows the position of GROVE HOUSE on QUEENS ROAD.