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
SHORT LANE HOUSE is a very large extended detached house of 263m², built sometime between 1950 and 1966. It was last sold for £437,000 in November 2003, which was around 118% above the average November 2003 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for SHORT LANE HOUSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two SHORT LANE HOUSE 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 |
---|---|---|---|
2003 19 NOV | £437,000 | £200,274 | 118% above HPI |
1996 22 MAR | £121,000 | £72,548 | 67% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two SHORT LANE HOUSE sales from March 1996 and November 2003 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 March 1996 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the November 2003 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.
SHORT LANE HOUSE is 263m², which includes three extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Walberswick, based on EPC data. The below chart shows the distribution of detached houses by size in Walberswick, and where SHORT LANE HOUSE lies on this distribution: 90% of detached houses are smaller than SHORT LANE HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Walberswick.
SHORT LANE HOUSE sits on a plot of roughly 0.266 of an acre, or 1,075m². The below map shows the location of SHORT LANE HOUSE, 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 SHORT LANE HOUSE). 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.
SHORT LANE HOUSE is located on SHORT LANE in WALBERSWICK, in the IP18 postcode district. The below map shows the position of SHORT LANE HOUSE on SHORT LANE.