LANE CORNER, PALMERS LANE, WALBERSWICK, SOUTHWOLD, IP18 6TQ - £958,500

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

LANE CORNER is a very large extended detached house of 256m², built sometime between 1930 and 1949. It was last sold for £958,500 in February 2012, which was around 272% above the average February 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

LANE CORNER Sold Prices

Land registry data shows three sales for LANE CORNER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three LANE CORNER 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
2012 9 FEB	£958,500	£257,962	272% above HPI
2008 11 JAN	£600,000	£261,979	129% above HPI
1999 20 APR	£250,000	£90,677	176% above HPI

LANE CORNER 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 three LANE CORNER sales between April 1999 and February 2012 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 January 2008 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the February 2012 sale, where it rises to 272% above the HPI. The line then continues to track at 272% above the HPI.

How Large is LANE CORNER?

LANE CORNER is 256m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of detached houses in Walberswick, based on EPC data. The below chart shows the distribution of detached houses by size in Walberswick, and where LANE CORNER lies on this distribution: 88% of detached houses are smaller than LANE CORNER, and 12% of houses are larger. Note that EPC data is not available for all properties in Walberswick.

LANE CORNER: Plot and Title Map

LANE CORNER sits on a plot of roughly 0.308 of an acre, or 1,246m². The below map shows the location of LANE CORNER, 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 LANE CORNER). 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 LANE CORNER?

LANE CORNER is located on PALMERS LANE in WALBERSWICK, in the IP18 postcode district. The below map shows the position of LANE CORNER on PALMERS LANE.