PARADISE NOW, WITNESHAM, IPSWICH, IP6 9EH - £330,000

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

PARADISE NOW is a very large detached house of 401m², built in 2022. It was last sold for £330,000 in September 2013, which was around 25% above the average September 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

PARADISE NOW Sold Prices

Land registry data shows two sales for PARADISE NOW 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. One of the two PARADISE NOW sales was for above the average price, whilst the other was for below 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
2013 16 SEP	£330,000	£263,914	25% above HPI
2005 5 JUL	£172,500	£223,310	23% below HPI

PARADISE NOW 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 PARADISE NOW sales from July 2005 and September 2013 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 July 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2013 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is PARADISE NOW?

PARADISE NOW is 401m² according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Witnesham, based on EPC data. The below chart shows the distribution of detached houses by size in Witnesham, and where PARADISE NOW lies on this distribution: More than 99% of detached houses are smaller than PARADISE NOW, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Witnesham.

PARADISE NOW: Plot and Title Map

PARADISE NOW sits on a plot of roughly 0.739 of an acre, or 2,989m². The below map shows the location of PARADISE NOW, 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 PARADISE NOW). 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 PARADISE NOW?

PARADISE NOW is located in WITNESHAM, in the IP6 postcode district. The below map shows the position of PARADISE NOW in WITNESHAM.