THE HOMESTEAD, BENHALL GREEN, BENHALL, SAXMUNDHAM, IP17 1HT - £480,000

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 HOMESTEAD is a large extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £581,713. It was last sold for £480,000 in October 2019, which was around 38% above the average October 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

THE HOMESTEAD Sold Prices

Land registry data shows two sales for THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two THE HOMESTEAD sales was for above the average price, whilst the other 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
2019 11 OCT	£480,000	£349,076	38% above HPI
2015 15 MAY	£240,000	£291,660	18% below HPI

THE HOMESTEAD 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 two THE HOMESTEAD sales from May 2015 and October 2019 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 May 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2019 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might THE HOMESTEAD be worth now?

THE HOMESTEAD might now be worth an estimated £581,713.

This is based on house price inflation of 21.2%, between October 2019 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 21.2% inflationary increase is applied to the most recent sale price for THE HOMESTEAD of £480,000 on 11th October 2019. For the value to have increased from £480,000 to £581,713 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of THE HOMESTEAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOMESTEAD has not materially changed since October 2019.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 135m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses houses in Benhall Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Benhall Green, and where THE HOMESTEAD lies on this distribution: 63% of detached houses houses are smaller than THE HOMESTEAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Benhall Green.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

THE HOMESTEAD is located on BENHALL GREEN in BENHALL, in the IP17 postcode district. The below map shows the position of THE HOMESTEAD on BENHALL GREEN.