SKYLARKS, BAKERS LANE, WESTLETON, SAXMUNDHAM, IP17 3AZ - £675,000

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

SKYLARKS is a midsized detached house of 137m², built sometime between 1976 and 1982. It was last sold for £675,000 in April 2023, which was around 60% above the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

SKYLARKS Sold Prices

Land registry data shows three sales for SKYLARKS 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. Two of the three SKYLARKS 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
2023 19 APR	£675,000	£423,046	60% above HPI
2004 25 AUG	£305,000	£220,909	38% above HPI
1997 14 AUG	£74,000	£83,677	12% below HPI

SKYLARKS 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 SKYLARKS sales between August 1997 and April 2023 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 August 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2023 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is SKYLARKS?

SKYLARKS is 137m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses by size in Westleton, and where SKYLARKS lies on this distribution: 48% of detached houses are smaller than SKYLARKS, and 52% of houses are larger. Note that EPC data is not available for all properties in Westleton.

SKYLARKS: Plot and Title Map

SKYLARKS sits on a plot of roughly 0.297 of an acre, or 1,204m². The below map shows the location of SKYLARKS, 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 SKYLARKS). 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 SKYLARKS?

SKYLARKS is located on BAKERS LANE in WESTLETON, in the IP17 postcode district. The below map shows the position of SKYLARKS on BAKERS LANE.