SOUTHGATE FARM BARN, THE STREET, RICKINGHALL, DISS, IP22 1BN - £499,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SOUTHGATE FARM BARN is a large extended detached house of 144m², built sometime between 1983 and 1990, which could now be worth an estimated £876,847. It was last sold for £499,950 in March 2013, which was around 92% above the average March 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

SOUTHGATE FARM BARN Sold Prices

Land registry data shows two sales for SOUTHGATE FARM BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two SOUTHGATE FARM BARN 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
2013 1 MAR	£499,950	£259,898	92% above HPI
1999 17 JUN	£240,000	£108,253	122% above HPI

SOUTHGATE FARM BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two SOUTHGATE FARM BARN sales from June 1999 and March 2013 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 1999 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the March 2013 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might SOUTHGATE FARM BARN be worth now?

SOUTHGATE FARM BARN might now be worth an estimated £876,847.

This is based on house price inflation of 75.4%, between March 2013 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.4% inflationary increase is applied to the most recent sale price for SOUTHGATE FARM BARN of £499,950 on 1st March 2013. For the value to have increased from £499,950 to £876,847 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of SOUTHGATE FARM BARN has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2013 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of SOUTHGATE FARM BARN has not materially changed since March 2013.

How Large is SOUTHGATE FARM BARN?

SOUTHGATE FARM BARN is 144m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses houses in Botesdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Botesdale, and where SOUTHGATE FARM BARN lies on this distribution: 63% of detached houses houses are smaller than SOUTHGATE FARM BARN, and 37% of houses are larger. Note that EPC data is not available for all properties in Botesdale.

SOUTHGATE FARM BARN: Plot and Title Map

SOUTHGATE FARM BARN sits on a plot of roughly 0.333 of an acre, or 1,349m². The below map shows the location of SOUTHGATE FARM BARN, 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 SOUTHGATE FARM BARN). 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 SOUTHGATE FARM BARN?

SOUTHGATE FARM BARN is located on THE STREET in RICKINGHALL, in the IP22 postcode district. The below map shows the position of SOUTHGATE FARM BARN on THE STREET.