LAZY ACRE, FEN STREET, HOPTON, DISS, IP22 2RF - £352,500

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

LAZY ACRE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £352,500 in May 2018, which was around 5% below the average May 2018 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 three sales for LAZY ACRE since 1^st 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 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
2018 4 MAY	£352,500	£370,518	5% below HPI
2017 28 APR	£325,000	£360,040	10% below HPI
2014 10 JUN	£278,000	£288,418	4% 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 three LAZY ACRE sales between June 2014 and May 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 April 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

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 in Hopton, based on EPC data. The below chart shows the distribution of detached houses by size in Hopton, and where LAZY ACRE lies on this distribution: 34% of detached houses are smaller than LAZY ACRE, and 66% 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.