SHANGRILA, HANCHETT END, HAVERHILL, CB9 7RP - £410,000

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

SHANGRILA is a very large extended detached house of 177m², built sometime between 1991 and 1995. It was last sold for £410,000 in June 2005, which was around 75% above the average June 2005 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

SHANGRILA Sold Prices

Land registry data shows three sales for SHANGRILA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three SHANGRILA 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
2005 24 JUN	£410,000	£234,889	75% above HPI
2002 3 APR	£238,000	£163,940	45% above HPI
1995 15 DEC	£75,000	£78,055	4% below HPI

SHANGRILA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three SHANGRILA sales between December 1995 and June 2005 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 2002 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2005 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is SHANGRILA?

SHANGRILA is 177m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses in Haverhill, based on EPC data. The below chart shows the distribution of detached houses by size in Haverhill, and where SHANGRILA lies on this distribution: 97% of detached houses are smaller than SHANGRILA, and 3% of houses are larger. Note that EPC data is not available for all properties in Haverhill.

SHANGRILA: Plot and Title Map

SHANGRILA sits on a plot of roughly 0.294 of an acre, or 1,190m². The below map shows the location of SHANGRILA, 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 SHANGRILA). 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 SHANGRILA?

SHANGRILA is located on HANCHETT END in HAVERHILL, in the CB9 postcode district. The below map shows the position of SHANGRILA on HANCHETT END.