PALMERS CROFT, FINNEYS DRIFT, NACTON, IPSWICH, IP10 0HF - £467,000

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

PALMERS CROFT is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £467,000 in March 2021, which was around 26% above the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.

PALMERS CROFT Sold Prices

Land registry data shows two sales for PALMERS CROFT 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 PALMERS CROFT 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 5 MAR	£467,000	£371,419	26% above HPI
2015 13 AUG	£380,000	£298,569	27% above HPI

PALMERS CROFT 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 PALMERS CROFT sales from August 2015 and March 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 August 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is PALMERS CROFT?

PALMERS CROFT is 94m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Nacton, based on EPC data. The below chart shows the distribution of detached houses by size in Nacton, and where PALMERS CROFT lies on this distribution: 7% of detached houses are smaller than PALMERS CROFT, and 93% of houses are larger. Note that EPC data is not available for all properties in Nacton.

PALMERS CROFT: Plot and Title Map

PALMERS CROFT sits on a plot of roughly 0.508 of an acre, or 2,057m². The below map shows the location of PALMERS CROFT, 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 PALMERS CROFT). 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 PALMERS CROFT?

PALMERS CROFT is located on FINNEYS DRIFT in NACTON, in the IP10 postcode district. The below map shows the position of PALMERS CROFT on FINNEYS DRIFT.