SHANGRILA, HANCHETT END, HAVERHILL, CB9 7RP - £600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SHANGRILA is a very large extended detached house of 177m², built sometime between 1991 and 1995, which could now be worth an estimated £592,149. It was last sold for £600,000 in October 2024, which was around 31% above the average October 2024 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 four sales for SHANGRILA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Most of the four SHANGRILA 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
2024 3 OCT	£600,000	£456,490	31% above HPI
2005 24 JUN	£410,000	£237,931	72% above HPI
2002 3 APR	£238,000	£166,063	43% above HPI
1995 15 DEC	£75,000	£79,066	5% 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 four SHANGRILA sales between December 1995 and October 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 June 2005 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the October 2024 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might SHANGRILA be worth now?

SHANGRILA might now be worth an estimated £592,149.

This is based on house price deflation of 1.3%, between October 2024 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% deflationary decrease is applied to the most recent sale price for SHANGRILA of £600,000 on 3rd October 2024. For the value to have decreased from £600,000 to £592,149 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of SHANGRILA has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2024 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of SHANGRILA has not materially changed since October 2024.

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 houses in Haverhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haverhill, and where SHANGRILA lies on this distribution: 97% of detached houses 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.