THE LILACS, LAXFIELD ROAD, STRADBROKE, EYE, IP21 5HY - £460,000

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 LILACS is a very large extended detached house of 212m², built sometime between 1996 and 2002. It was last sold for £460,000 in February 2020, which was around 26% above the average February 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

THE LILACS Sold Prices

Land registry data shows three sales for THE LILACS 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 LILACS 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
2020 20 FEB	£460,000	£363,795	26% above HPI
2007 4 OCT	£362,500	£272,496	33% above HPI
2003 14 NOV	£250,000	£210,407	19% above HPI

THE LILACS 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 LILACS sales between November 2003 and February 2020 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 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is THE LILACS?

THE LILACS is 212m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Stradbroke, based on EPC data. The below chart shows the distribution of detached houses by size in Stradbroke, and where THE LILACS lies on this distribution: 90% of detached houses are smaller than THE LILACS, and 10% of houses are larger. Note that EPC data is not available for all properties in Stradbroke.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.278 of an acre, or 1,125m². The below map shows the location of THE LILACS, 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 LILACS). 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 LILACS?

THE LILACS is located on LAXFIELD ROAD in STRADBROKE, in the IP21 postcode district. The below map shows the position of THE LILACS on LAXFIELD ROAD.