Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
THE NEW HOUSE is a large extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £350,000 in September 2019, which was about the average September 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for THE NEW HOUSE since 1st 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. The three THE NEW HOUSE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2019 18 SEP | £350,000 | £349,412 | Close to HPI |
2014 25 NOV | £225,000 | £286,739 | 22% below HPI |
1998 18 MAY | £105,000 | £85,580 | 23% above HPI |
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 NEW HOUSE sales between May 1998 and September 2019 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 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
THE NEW HOUSE is 122m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where THE NEW HOUSE lies on this distribution: 74% of detached houses are smaller than THE NEW HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Beccles.
THE NEW HOUSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of THE NEW 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 NEW 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.
THE NEW HOUSE is located on QUEENS ROAD in BECCLES, in the NR34 postcode district. The below map shows the position of THE NEW HOUSE on QUEENS ROAD.