LUCAYA, GROMFORD LANE, SNAPE, SAXMUNDHAM, IP17 1RG - £800,000

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

LUCAYA is a large extended detached house of 174m², built sometime between 1983 and 1990. It was last sold for £800,000 in December 2023, which was around 89% above the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

LUCAYA Sold Prices

Land registry data shows two sales for LUCAYA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two LUCAYA 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
2023 15 DEC	£800,000	£422,815	89% above HPI
2015 15 JAN	£385,000	£282,606	36% above HPI

LUCAYA 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 two LUCAYA sales from January 2015 and December 2023 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 2015 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2023 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is LUCAYA?

LUCAYA is 174m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses in Snape, based on EPC data. The below chart shows the distribution of detached houses by size in Snape, and where LUCAYA lies on this distribution: 76% of detached houses are smaller than LUCAYA, and 23% of houses are larger. Note that EPC data is not available for all properties in Snape.

LUCAYA: Plot and Title Map

LUCAYA sits on a plot of roughly 0.303 of an acre, or 1,228m². The below map shows the location of LUCAYA, 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 LUCAYA). 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 LUCAYA?

LUCAYA is located on GROMFORD LANE in SNAPE, in the IP17 postcode district. The below map shows the position of LUCAYA on GROMFORD LANE.