THE HOUSE, NEW STREET, FRESSINGFIELD, EYE, IP21 5PG - £510,000

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 HOUSE is a very large extended detached house of 163m², built sometime before 1900, which could now be worth an estimated £545,906. It was last sold for £510,000 in December 2021, which was around 20% above the average December 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was F, and the potential energy rating was C.

THE HOUSE Sold Prices

Land registry data shows two sales for THE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two THE HOUSE sales were for above 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 10 DEC	£510,000	£425,846	20% above HPI
2008 23 MAY	£340,000	£271,508	25% above HPI

THE HOUSE 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 two THE HOUSE sales from May 2008 and December 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 May 2008 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might THE HOUSE be worth now?

THE HOUSE might now be worth an estimated £545,906.

This is based on house price inflation of 7%, between December 2021 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for THE HOUSE of £510,000 on 10th December 2021. For the value to have increased from £510,000 to £545,906 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of THE HOUSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The December 2021 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOUSE has not materially changed since December 2021.

How Large is THE HOUSE?

THE HOUSE is 163m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses houses in Fressingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fressingfield, and where THE HOUSE lies on this distribution: 88% of detached houses houses are smaller than THE HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Fressingfield.

THE HOUSE: Plot and Title Map

THE HOUSE sits on a plot of roughly 0.256 of an acre, or 1,037m². The below map shows the location of THE HOUSE, 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 HOUSE). 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 HOUSE?

THE HOUSE is located on NEW STREET in FRESSINGFIELD, in the IP21 postcode district. The below map shows the position of THE HOUSE on NEW STREET.