THE LAURELS, CHURCH ROAD, SNAPE, SAXMUNDHAM, IP17 1QG - £385,000

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 LAURELS is a very large extended detached house of 197m², built sometime before 1900, which could now be worth an estimated £621,467. It was last sold for £385,000 in January 2014, which was around 47% above the average January 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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. All of the three THE LAURELS 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
2014 29 JAN	£385,000	£262,078	47% above HPI
2000 30 NOV	£245,000	£118,540	107% above HPI
1997 2 SEP	£170,000	£84,190	102% above HPI

THE LAURELS 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 LAURELS sales between September 1997 and January 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 November 2000 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the January 2014 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £621,467.

This is based on house price inflation of 61.4%, between January 2014 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 61.4% inflationary increase is applied to the most recent sale price for THE LAURELS of £385,000 on 29th January 2014. For the value to have increased from £385,000 to £621,467 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2014 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since January 2014.

How Large is THE LAURELS?

THE LAURELS is 197m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses houses in Snape, based on EPC data. The below chart shows the distribution of detached houses houses by size in Snape, and where THE LAURELS lies on this distribution: 85% of detached houses houses are smaller than THE LAURELS, and 14% of houses are larger. Note that EPC data is not available for all properties in Snape.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on CHURCH ROAD in SNAPE, in the IP17 postcode district. The below map shows the position of THE LAURELS on CHURCH ROAD.