SERENDIPITY, RED HOUSE FARM LANE, BAWDSEY, WOODBRIDGE, IP12 3AN - £530,000

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

SERENDIPITY is a large extended detached house of 189m², built sometime between 1976 and 1982. It was last sold for £530,000 in November 2021, which was around 32% above the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

SERENDIPITY Sold Prices

Land registry data shows three sales for SERENDIPITY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three SERENDIPITY 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
2021 25 NOV	£530,000	£402,968	32% above HPI
2014 17 OCT	£330,000	£288,072	15% above HPI
1995 1 SEP	£95,000	£73,256	30% above HPI

SERENDIPITY 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 three SERENDIPITY sales between September 1995 and November 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 October 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is SERENDIPITY?

SERENDIPITY is 189m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses in Bawdsey, based on EPC data. The below chart shows the distribution of detached houses by size in Bawdsey, and where SERENDIPITY lies on this distribution: 76% of detached houses are smaller than SERENDIPITY, and 24% of houses are larger. Note that EPC data is not available for all properties in Bawdsey.

SERENDIPITY: Plot and Title Map

SERENDIPITY sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of SERENDIPITY, 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 SERENDIPITY). 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 SERENDIPITY?

SERENDIPITY is located on RED HOUSE FARM LANE in BAWDSEY, in the IP12 postcode district. The below map shows the position of SERENDIPITY on RED HOUSE FARM LANE.