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
REDVERS is a large extended detached house of 148m², built sometime before 1900. It was last sold for £272,000 in July 2009, which was around 18% above the average July 2009 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for REDVERS since 1st 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 REDVERS 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 |
---|---|---|---|
2009 29 JUL | £272,000 | £229,542 | 18% above HPI |
1999 26 AUG | £160,000 | £106,229 | 51% above HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two REDVERS sales from August 1999 and July 2009 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 1999 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2009 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
REDVERS is 148m², which includes three extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses in Woolpit, based on EPC data. The below chart shows the distribution of detached houses by size in Woolpit, and where REDVERS lies on this distribution: 79% of detached houses are smaller than REDVERS, and 21% of houses are larger. Note that EPC data is not available for all properties in Woolpit.
REDVERS sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of REDVERS, 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 REDVERS). 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.
REDVERS is located on THE STREET in WOOLPIT, in the IP30 postcode district. The below map shows the position of REDVERS on THE STREET.