NIANN HOUSE, THE STREET, GRUNDISBURGH, WOODBRIDGE, IP13 6TD - £722,500

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

NIANN HOUSE is a very large extended detached house of 200m², built sometime between 1950 and 1966. It was last sold for £722,500 in April 2023, which was around 71% above the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

NIANN HOUSE Sold Prices

Land registry data shows three sales for NIANN HOUSE 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. All of the three NIANN 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
2023 24 APR	£722,500	£423,046	71% above HPI
2013 14 JUN	£400,000	£252,550	58% above HPI
2002 27 NOV	£275,000	£176,508	56% above HPI

NIANN 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 three NIANN HOUSE sales between November 2002 and April 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 June 2013 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the April 2023 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is NIANN HOUSE?

NIANN HOUSE is 200m², which includes three extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 20% of detached houses in Grundisburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Grundisburgh, and where NIANN HOUSE lies on this distribution: 88% of detached houses are smaller than NIANN HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Grundisburgh.

NIANN HOUSE: Plot and Title Map

NIANN HOUSE sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of NIANN 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 NIANN 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 NIANN HOUSE?

NIANN HOUSE is located on THE STREET in GRUNDISBURGH, in the IP13 postcode district. The below map shows the position of NIANN HOUSE on THE STREET.