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
LAYFIELD is a very large detached house of 275m², built sometime before 1900. It was last sold for £900,000 in September 2021, which was around 119% above the average September 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for LAYFIELD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three LAYFIELD 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 |
---|---|---|---|
2021 30 SEP | £900,000 | £410,458 | 119% above HPI |
2009 19 MAR | £486,500 | £219,948 | 121% above HPI |
2002 15 JUL | £370,000 | £185,437 | 100% above HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three LAYFIELD sales between July 2002 and September 2021 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 March 2009 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the September 2021 sale, where it falls to 119% above the HPI. The line then continues to track at 119% above the HPI.
LAYFIELD is 275m² according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses in Cavendish, based on EPC data. The below chart shows the distribution of detached houses by size in Cavendish, and where LAYFIELD lies on this distribution: 97% of detached houses are smaller than LAYFIELD, and 3% of houses are larger. Note that EPC data is not available for all properties in Cavendish.
LAYFIELD sits on a plot of roughly 0.949 of an acre, or 3,841m². The below map shows the location of LAYFIELD, 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 LAYFIELD). 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.
LAYFIELD is located on STOUR STREET in CAVENDISH, in the CO10 postcode district. The below map shows the position of LAYFIELD on STOUR STREET.