MIGHTS HOUSE, REYDON, SOUTHWOLD, IP18 6PS - £460,000

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

MIGHTS HOUSE is a very large detached house of 199m², built sometime between 1976 and 1982. It was last sold for £460,000 in October 2015, which was around 52% above the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

MIGHTS HOUSE Sold Prices

Land registry data shows two sales for MIGHTS HOUSE 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 MIGHTS HOUSE 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
2015 21 OCT	£460,000	£302,168	52% above HPI
2002 24 APR	£235,000	£147,343	59% above HPI

MIGHTS HOUSE 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 MIGHTS HOUSE sales from April 2002 and October 2015 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 2002 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the October 2015 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is MIGHTS HOUSE?

MIGHTS HOUSE is 199m² according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where MIGHTS HOUSE lies on this distribution: 96% of detached houses are smaller than MIGHTS HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Reydon.

MIGHTS HOUSE: Plot and Title Map

MIGHTS HOUSE sits on a plot of roughly 0.325 of an acre, or 1,316m². The below map shows the location of MIGHTS HOUSE, 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 MIGHTS HOUSE). 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 MIGHTS HOUSE?

MIGHTS HOUSE is located in REYDON, in the IP18 postcode district. The below map shows the position of MIGHTS HOUSE in REYDON.