PENDRAGON, NEW STREET, STRADBROKE, EYE, IP21 5JG - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENDRAGON is a midsized extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £395,000 in May 2023, which was around 10% below the average May 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was A.

PENDRAGON Sold Prices

Land registry data shows four sales for PENDRAGON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four PENDRAGON sales were 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
2023 24 MAY	£395,000	£438,983	10% below HPI
2020 30 MAR	£280,000	£367,782	24% below HPI
2016 5 DEC	£260,000	£354,031	27% below HPI
2003 12 NOV	£166,000	£215,363	23% below HPI

PENDRAGON Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four PENDRAGON sales between November 2003 and May 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 March 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might PENDRAGON be worth now?

PENDRAGON might now be worth an estimated £396,969.

This is based on house price inflation of 0.5%, between May 2023 and December 2024, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for PENDRAGON of £395,000 on 24th May 2023. For the value to have increased from £395,000 to £396,969 over the five months to December 2024, the following assumptions must hold true:

• The value of PENDRAGON has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The May 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of PENDRAGON has not materially changed since May 2023.

How Large is PENDRAGON?

PENDRAGON is 122m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stradbroke, and where PENDRAGON lies on this distribution: 55% of detached houses houses are smaller than PENDRAGON, and 45% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

PENDRAGON: Plot and Title Map

PENDRAGON sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of PENDRAGON, 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 PENDRAGON). 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 PENDRAGON?

PENDRAGON is located on NEW STREET in STRADBROKE, in the IP21 postcode district. The below map shows the position of PENDRAGON on NEW STREET.