HOLLY BANK, ORFORD ROAD, BROMESWELL, WOODBRIDGE, IP12 2PP - £359,000

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

HOLLY BANK is a very small extended detached house of 106m², built sometime between 1900 and 1929. It was last sold for £359,000 in January 2015, which was around 27% above the average January 2015 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 C.

HOLLY BANK Sold Prices

Land registry data shows two sales for HOLLY BANK 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 HOLLY BANK 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
2015 20 JAN	£359,000	£282,606	27% above HPI
2004 4 JUN	£225,000	£214,961	5% above HPI

HOLLY BANK 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 HOLLY BANK sales from June 2004 and January 2015 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 106m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Bromeswell, based on EPC data. The below chart shows the distribution of detached houses by size in Bromeswell, and where HOLLY BANK lies on this distribution: 13% of detached houses are smaller than HOLLY BANK, and 87% of houses are larger. Note that EPC data is not available for all properties in Bromeswell.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.316 of an acre, or 1,280m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on ORFORD ROAD in BROMESWELL, in the IP12 postcode district. The below map shows the position of HOLLY BANK on ORFORD ROAD.