THE LILACS, THE COMMON, KNODISHALL, SAXMUNDHAM, IP17 1UZ - £275,000

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 small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £275,000 in July 2012, which was around 10% above the average July 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

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 East Suffolk local authority area for the corresponding sale date. One of the three THE LILACS sales was for above the average price, whilst two 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
2012 11 JUL	£275,000	£250,587	10% above HPI
2010 21 JUN	£200,000	£251,365	20% below HPI
2009 6 OCT	£160,000	£236,368	32% below HPI

THE LILACS 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 LILACS sales between October 2009 and July 2012 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 June 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2012 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is THE LILACS?

THE LILACS is 80m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Coldfair Green, based on EPC data. The below chart shows the distribution of detached houses by size in Coldfair Green, and where THE LILACS lies on this distribution: 23% of detached houses are smaller than THE LILACS, and 77% of houses are larger. Note that EPC data is not available for all properties in Coldfair Green.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.224 of an acre, or 908m². 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 THE COMMON in KNODISHALL, in the IP17 postcode district. The below map shows the position of THE LILACS on THE COMMON.