THE HONEYCOMB, HOLME CLOSE, HOPTON, DISS, IP22 2QL - £234,000

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 HONEYCOMB is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £234,000 in May 2014, which was around 18% below the average May 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

THE HONEYCOMB Sold Prices

Land registry data shows four sales for THE HONEYCOMB since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four THE HONEYCOMB 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
2014 7 MAY	£234,000	£285,285	18% below HPI
2012 19 DEC	£212,500	£262,617	19% below HPI
2007 10 AUG	£248,500	£274,993	10% below HPI
2001 4 MAY	£113,500	£142,100	20% below HPI

THE HONEYCOMB Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four THE HONEYCOMB sales between May 2001 and May 2014 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 December 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE HONEYCOMB?

THE HONEYCOMB is 80m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Hopton, based on EPC data. The below chart shows the distribution of detached houses by size in Hopton, and where THE HONEYCOMB lies on this distribution: 11% of detached houses are smaller than THE HONEYCOMB, and 89% of houses are larger. Note that EPC data is not available for all properties in Hopton.

THE HONEYCOMB: Plot and Title Map

THE HONEYCOMB sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of THE HONEYCOMB, 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 HONEYCOMB). 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 HONEYCOMB?

THE HONEYCOMB is located on HOLME CLOSE in HOPTON, in the IP22 postcode district. The below map shows the position of THE HONEYCOMB on HOLME CLOSE.