THE OAKS, BAKERS LANE, WESTLETON, SAXMUNDHAM, IP17 3AZ - £1,125,000

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 OAKS is a very large detached house of 353m², built sometime from 2007 onwards. It was last sold for £1,125,000 in September 2019, which was around 222% above the average September 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows three sales for THE OAKS 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 OAKS 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
2019 27 SEP	£1,125,000	£349,412	222% above HPI
2014 30 SEP	£880,000	£282,904	211% above HPI
2006 1 SEP	£276,150	£237,036	17% above HPI

THE OAKS 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 OAKS sales between September 2006 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 September 2014 sale was for 211% above the HPI. So the extrapolation line tracks at 211% above the HPI over time, until the September 2019 sale, where it rises to 222% above the HPI. The line then continues to track at 222% above the HPI.

How Large is THE OAKS?

THE OAKS is 353m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses by size in Westleton, and where THE OAKS lies on this distribution: 99% of detached houses are smaller than THE OAKS, and 1% of houses are larger. Note that EPC data is not available for all properties in Westleton.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.569 of an acre, or 2,303m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

THE OAKS is located on BAKERS LANE in WESTLETON, in the IP17 postcode district. The below map shows the position of THE OAKS on BAKERS LANE.