RUSSETS, LOWGATE STREET, EYE, IP23 7AS - £431,000

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

RUSSETS is a midsized detached house of 130m², built sometime between 1983 and 1990. It was last sold for £431,000 in January 2024, which was around 2% above the average January 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

RUSSETS Sold Prices

Land registry data shows three sales for RUSSETS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the three RUSSETS sales were for above the average price, whilst one was 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
2024 31 JAN	£431,000	£420,520	2% above HPI
2017 13 APR	£322,500	£350,677	8% below HPI
2007 13 JUN	£293,000	£260,127	13% above HPI

RUSSETS 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 three RUSSETS sales between June 2007 and January 2024 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 April 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is RUSSETS?

RUSSETS is 130m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Eye, based on EPC data. The below chart shows the distribution of detached houses by size in Eye, and where RUSSETS lies on this distribution: 52% of detached houses are smaller than RUSSETS, and 48% of houses are larger. Note that EPC data is not available for all properties in Eye.

RUSSETS: Plot and Title Map

RUSSETS sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of RUSSETS, 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 RUSSETS). 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 RUSSETS?

RUSSETS is located on LOWGATE STREET in EYE, in the IP23 postcode district. The below map shows the position of RUSSETS on LOWGATE STREET.