PINE LODGE, WESTERFIELD ROAD, WESTERFIELD, IPSWICH, IP6 9AL - £875,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PINE LODGE is a large extended detached house of 172m², built sometime between 1900 and 1929. It was last sold for £875,000 in June 2021, which was around 130% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

PINE LODGE Sold Prices

Land registry data shows two sales for PINE LODGE 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 PINE LODGE 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 JUN	£875,000	£380,524	130% above HPI
2013 6 SEP	£498,000	£263,914	89% above HPI

PINE LODGE 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 PINE LODGE sales from September 2013 and June 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 September 2013 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the June 2021 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is PINE LODGE?

PINE LODGE is 172m², which includes three extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Westerfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westerfield, and where PINE LODGE lies on this distribution: 63% of detached houses are smaller than PINE LODGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Westerfield.

PINE LODGE: Plot and Title Map

PINE LODGE sits on a plot of roughly 0.463 of an acre, or 1,874m². The below map shows the location of PINE LODGE, 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 PINE LODGE). 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 PINE LODGE?

PINE LODGE is located on WESTERFIELD ROAD in WESTERFIELD, in the IP6 postcode district. The below map shows the position of PINE LODGE on WESTERFIELD ROAD.