THE HOLLIES, HIGH STREET, GISLINGHAM, EYE, IP23 8HS - £290,000

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.

THE HOLLIES is a small extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £317,517. It was last sold for £290,000 in October 2021, which was around 30% below the average October 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was C.

THE HOLLIES Sold Prices

Land registry data shows three sales for THE HOLLIES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three THE HOLLIES sales were 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
2021 29 OCT	£290,000	£416,323	30% below HPI
2001 12 NOV	£150,000	£161,713	7% below HPI
1998 11 SEP	£82,500	£104,201	21% below HPI

THE HOLLIES 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 three THE HOLLIES sales between September 1998 and October 2021 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 November 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might THE HOLLIES be worth now?

THE HOLLIES might now be worth an estimated £317,517.

This is based on house price inflation of 9.5%, between October 2021 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 9.5% inflationary increase is applied to the most recent sale price for THE HOLLIES of £290,000 on 29th October 2021. For the value to have increased from £290,000 to £317,517 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of THE HOLLIES has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOLLIES has not materially changed since October 2021.

How Large is THE HOLLIES?

THE HOLLIES is 124m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gislingham, and where THE HOLLIES lies on this distribution: 39% of detached houses houses are smaller than THE HOLLIES, and 60% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of THE HOLLIES, 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 THE HOLLIES). 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 THE HOLLIES?

THE HOLLIES is located on HIGH STREET in GISLINGHAM, in the IP23 postcode district. The below map shows the position of THE HOLLIES on HIGH STREET.