PINK BUNGALOW, QUEEN STREET, STRADBROKE, EYE, IP21 5HH - £280,000

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

PINK BUNGALOW is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £280,000 in July 2016, which was around 16% below the average July 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

PINK BUNGALOW Sold Prices

Land registry data shows two sales for PINK BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two PINK BUNGALOW 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
2016 25 JUL	£280,000	£332,959	16% below HPI
2015 26 AUG	£150,000	£300,166	50% below HPI

PINK BUNGALOW 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 two PINK BUNGALOW sales from August 2015 and July 2016 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is PINK BUNGALOW?

PINK BUNGALOW is 65m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where PINK BUNGALOW lies on this distribution: 3% of detached houses are smaller than PINK BUNGALOW, and 97% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

PINK BUNGALOW: Plot and Title Map

PINK BUNGALOW sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of PINK BUNGALOW, 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 PINK BUNGALOW). 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 PINK BUNGALOW?

PINK BUNGALOW is located on QUEEN STREET in STRADBROKE, in the IP21 postcode district. The below map shows the position of PINK BUNGALOW on QUEEN STREET.