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

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 HOMESTEAD is a large extended detached house of 135m², built sometime between 1967 and 1975. 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	£349,022	38% above HPI
2015 15 MAY	£240,000	£291,615	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.

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 in Benhall Green, based on EPC data. The below chart shows the distribution of detached houses by size in Benhall Green, and where THE HOMESTEAD lies on this distribution: 63% of detached 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.