RED HOUSE LODGE, THWAITE ROAD, THORNDON, EYE, IP23 7JJ - £544,000

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

RED HOUSE LODGE is a very large extended detached house of 255m², built sometime between 1967 and 1975. It was last sold for £544,000 in June 2017, which was around 53% above the average June 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

RED HOUSE LODGE Sold Prices

Land registry data shows two sales for RED HOUSE 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two RED HOUSE 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
2017 7 JUN	£544,000	£356,082	53% above HPI
2011 11 FEB	£335,000	£247,962	35% above HPI

RED HOUSE LODGE 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 RED HOUSE LODGE sales from February 2011 and June 2017 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 February 2011 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2017 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is RED HOUSE LODGE?

RED HOUSE LODGE is 255m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Thorndon, based on EPC data. The below chart shows the distribution of detached houses by size in Thorndon, and where RED HOUSE LODGE lies on this distribution: 95% of detached houses are smaller than RED HOUSE LODGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Thorndon.

RED HOUSE LODGE: Plot and Title Map

RED HOUSE LODGE sits on a plot of roughly 0.335 of an acre, or 1,355m². The below map shows the location of RED HOUSE 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 RED HOUSE 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 RED HOUSE LODGE?

RED HOUSE LODGE is located on THWAITE ROAD in THORNDON, in the IP23 postcode district. The below map shows the position of RED HOUSE LODGE on THWAITE ROAD.