SAN REMO, CHURCH ROAD, SNAPE, SAXMUNDHAM, IP17 1QG - £450,000

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

SAN REMO is a very small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £450,000 in June 2021, which was around 18% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was A.

SAN REMO Sold Prices

Land registry data shows four sales for SAN REMO since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four SAN REMO 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
2021 29 JUN	£450,000	£380,524	18% above HPI
2019 8 NOV	£268,000	£352,095	24% below HPI
2013 6 DEC	£245,000	£264,743	7% below HPI
2012 23 JAN	£230,000	£260,137	12% below HPI

SAN REMO 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 four SAN REMO sales between January 2012 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 November 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is SAN REMO?

SAN REMO is 94m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Snape, based on EPC data. The below chart shows the distribution of detached houses by size in Snape, and where SAN REMO lies on this distribution: 16% of detached houses are smaller than SAN REMO, and 84% of houses are larger. Note that EPC data is not available for all properties in Snape.

SAN REMO: Plot and Title Map

SAN REMO sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of SAN REMO, 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 SAN REMO). 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 SAN REMO?

SAN REMO is located on CHURCH ROAD in SNAPE, in the IP17 postcode district. The below map shows the position of SAN REMO on CHURCH ROAD.