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

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

THE HOLLIES is a small extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £290,000 in October 2021, which was around 29% 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	£406,742	29% below HPI
2001 12 NOV	£150,000	£157,992	5% below HPI
1998 11 SEP	£82,500	£101,803	19% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

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 in Gislingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gislingham, and where THE HOLLIES lies on this distribution: 39% of detached houses are smaller than THE HOLLIES, and 59% 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.