ORCHARD PIECE, LODGE ROAD, WALBERSWICK, SOUTHWOLD, IP18 6UP - £1,200,000

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

ORCHARD PIECE is a very large detached house of 266m², built sometime between 1996 and 2002. It was last sold for £1,200,000 in August 2024, which was around 183% above the average August 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

ORCHARD PIECE Sold Prices

Land registry data shows three sales for ORCHARD PIECE 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 ORCHARD PIECE 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
2024 12 AUG	£1,200,000	£424,493	183% above HPI
2021 31 MAR	£800,000	£371,419	115% above HPI
1996 31 JUL	£155,000	£73,439	111% above HPI

ORCHARD PIECE 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 ORCHARD PIECE sales between July 1996 and August 2024 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 March 2021 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the August 2024 sale, where it rises to 183% above the HPI. The line then continues to track at 183% above the HPI.

How Large is ORCHARD PIECE?

ORCHARD PIECE is 266m² according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses in Walberswick, based on EPC data. The below chart shows the distribution of detached houses by size in Walberswick, and where ORCHARD PIECE lies on this distribution: 91% of detached houses are smaller than ORCHARD PIECE, and 8% of houses are larger. Note that EPC data is not available for all properties in Walberswick.

ORCHARD PIECE: Plot and Title Map

ORCHARD PIECE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of ORCHARD PIECE, 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 ORCHARD PIECE). 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 ORCHARD PIECE?

ORCHARD PIECE is located on LODGE ROAD in WALBERSWICK, in the IP18 postcode district. The below map shows the position of ORCHARD PIECE on LODGE ROAD.