THE LEY, CHURCH MEADOW, GISLINGHAM, EYE, IP23 8HQ - £430,000

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 LEY is a midsized detached house of 132m², built sometime between 1991 and 1995. It was last sold for £430,000 in October 2021, which was around 6% above the average October 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

THE LEY Sold Prices

Land registry data shows three sales for THE LEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three THE LEY 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 21 OCT	£430,000	£406,742	6% above HPI
2010 6 OCT	£280,000	£257,375	9% above HPI
2004 4 JUN	£248,000	£214,372	16% above HPI

THE LEY 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 three THE LEY sales between June 2004 and October 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 October 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is THE LEY?

THE LEY is 132m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gislingham, and where THE LEY lies on this distribution: 44% of detached houses are smaller than THE LEY, and 56% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

THE LEY: Plot and Title Map

THE LEY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of THE LEY, 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 LEY). 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 LEY?

THE LEY is located on CHURCH MEADOW in GISLINGHAM, in the IP23 postcode district. The below map shows the position of THE LEY on CHURCH MEADOW.