HOMESTEAD, VICARAGE ROAD, LAXFIELD, WOODBRIDGE, IP13 8DT - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

HOMESTEAD is a small detached house of 112m², built sometime between 1976 and 1982. It was last sold for £300,000 in September 2018, which was around 20% below the average September 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

HOMESTEAD Sold Prices

Land registry data shows two sales for HOMESTEAD 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 HOMESTEAD sales were 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
2018 7 SEP	£300,000	£376,263	20% below HPI
2013 19 JUL	£249,000	£252,232	1% below HPI

HOMESTEAD 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 HOMESTEAD sales from July 2013 and September 2018 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 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is HOMESTEAD?

HOMESTEAD is 112m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where HOMESTEAD lies on this distribution: 38% of detached houses are smaller than HOMESTEAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located on VICARAGE ROAD in LAXFIELD, in the IP13 postcode district. The below map shows the position of HOMESTEAD on VICARAGE ROAD.