LONG BARN, MILL LANE, WRENTHAM, BECCLES, NR34 7JQ - £137,000

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

LONG BARN is a very small detached house of 49m², built sometime between 2003 and 2006. It was last sold for £137,000 in January 2014, which was around 48% below the average January 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

LONG BARN Sold Prices

Land registry data shows three sales for LONG BARN 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. Two of the three LONG BARN sales were for below the average price, whilst one was 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
2014 10 JAN	£137,000	£262,038	48% below HPI
2008 10 OCT	£125,000	£245,381	49% below HPI
2003 16 MAY	£249,000	£184,148	35% above HPI

LONG BARN 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 LONG BARN sales between May 2003 and January 2014 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 October 2008 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2014 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is LONG BARN?

LONG BARN is 49m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Wrentham, based on EPC data. The below chart shows the distribution of detached houses by size in Wrentham, and where LONG BARN lies on this distribution: Less than 1% of detached houses are smaller than LONG BARN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wrentham.

LONG BARN: Plot and Title Map

LONG BARN sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of LONG BARN, 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 LONG BARN). 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 LONG BARN?

LONG BARN is located on MILL LANE in WRENTHAM, in the NR34 postcode district. The below map shows the position of LONG BARN on MILL LANE.