OLIVE TREE HOUSE, THE STREET, RAYDON, IPSWICH, IP7 5LW - £495,000

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

OLIVE TREE HOUSE is a midsized extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £495,000 in December 2021, which was around 7% above the average December 2021 detached price in the Babergh local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

OLIVE TREE HOUSE Sold Prices

Land registry data shows two sales for OLIVE TREE 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 Babergh local authority area for the corresponding sale date. Both of the two OLIVE TREE 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
2021 17 DEC	£495,000	£461,815	7% above HPI
2017 27 JAN	£395,000	£385,499	2% above HPI

OLIVE TREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two OLIVE TREE HOUSE sales from January 2017 and December 2021 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 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is OLIVE TREE HOUSE?

OLIVE TREE HOUSE is 128m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in Raydon, based on EPC data. The below chart shows the distribution of detached houses by size in Raydon, and where OLIVE TREE HOUSE lies on this distribution: 50% of detached houses are smaller than OLIVE TREE HOUSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Raydon.

OLIVE TREE HOUSE: Plot and Title Map

OLIVE TREE HOUSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of OLIVE TREE 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 OLIVE TREE 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 OLIVE TREE HOUSE?

OLIVE TREE HOUSE is located on THE STREET in RAYDON, in the IP7 postcode district. The below map shows the position of OLIVE TREE HOUSE on THE STREET.