LAZY ACRE, FEN STREET, HOPTON, DISS, IP22 2RF - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LAZY ACRE is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £361,138. It was last sold for £360,000 in October 2024, which was around 22% below the average October 2024 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was C.

LAZY ACRE Sold Prices

Land registry data shows four sales for LAZY ACRE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four LAZY ACRE 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
2024 3 OCT	£360,000	£462,051	22% below HPI
2018 4 MAY	£352,500	£375,317	6% below HPI
2017 28 APR	£325,000	£364,703	11% below HPI
2014 10 JUN	£278,000	£292,153	5% below HPI

LAZY ACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four LAZY ACRE sales between June 2014 and October 2024 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 May 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might LAZY ACRE be worth now?

LAZY ACRE might now be worth an estimated £361,138.

This is based on house price inflation of 0.3%, between October 2024 and December 2024, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% inflationary increase is applied to the most recent sale price for LAZY ACRE of £360,000 on 3rd October 2024. For the value to have increased from £360,000 to £361,138 over the ten months to December 2024, the following assumptions must hold true:

• The value of LAZY ACRE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of LAZY ACRE has not materially changed since October 2024.

How Large is LAZY ACRE?

LAZY ACRE is 102m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses houses in Hopton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hopton, and where LAZY ACRE lies on this distribution: 33% of detached houses houses are smaller than LAZY ACRE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hopton.

LAZY ACRE: Plot and Title Map

LAZY ACRE sits on a plot of roughly 0.446 of an acre, or 1,806m². The below map shows the location of LAZY ACRE, 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 LAZY ACRE). 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 LAZY ACRE?

LAZY ACRE is located on FEN STREET in HOPTON, in the IP22 postcode district. The below map shows the position of LAZY ACRE on FEN STREET.