THE HOLLIES, LOVE LANE, WESTLETON, SAXMUNDHAM, IP17 3BA - £380,000

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 midsized extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £432,752. It was last sold for £380,000 in March 2021, which was around 2% above the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was F, and the potential energy rating was E.

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 East Suffolk local authority area for the corresponding sale date. Two of the three THE HOLLIES 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
2021 31 MAR	£380,000	£371,477	2% above HPI
2020 11 SEP	£300,000	£366,961	18% below HPI
2001 26 MAR	£200,000	£125,650	59% above HPI

THE HOLLIES 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 THE HOLLIES sales between March 2001 and March 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 September 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might THE HOLLIES be worth now?

THE HOLLIES might now be worth an estimated £432,752.

This is based on house price inflation of 13.9%, between March 2021 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for THE HOLLIES of £380,000 on 31st March 2021. For the value to have increased from £380,000 to £432,752 over the four years and one month 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 East Suffolk local authority area.
• The March 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOLLIES has not materially changed since March 2021.

How Large is THE HOLLIES?

THE HOLLIES is 127m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westleton, and where THE HOLLIES lies on this distribution: 41% of detached houses houses are smaller than THE HOLLIES, and 59% of houses are larger. Note that EPC data is not available for all properties in Westleton.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.184 of an acre, or 744m². 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 LOVE LANE in WESTLETON, in the IP17 postcode district. The below map shows the position of THE HOLLIES on LOVE LANE.