THE OAKS, HALL ROAD, THORNDON, EYE, IP23 7LU - £535,000

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 OAKS is a midsized extended detached house of 162m², built sometime between 1983 and 1990. It was last sold for £535,000 in April 2020, which was around 47% above the average April 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

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 Mid 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
2020 14 APR	£535,000	£364,357	47% above HPI
2010 27 AUG	£391,000	£260,185	50% above HPI
1996 26 JUL	£118,000	£75,342	57% above HPI

THE OAKS 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 OAKS sales between July 1996 and April 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 August 2010 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2020 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is THE OAKS?

THE OAKS is 162m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Thorndon, based on EPC data. The below chart shows the distribution of detached houses by size in Thorndon, and where THE OAKS lies on this distribution: 55% of detached houses are smaller than THE OAKS, and 45% of houses are larger. Note that EPC data is not available for all properties in Thorndon.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.305 of an acre, or 1,234m². 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 HALL ROAD in THORNDON, in the IP23 postcode district. The below map shows the position of THE OAKS on HALL ROAD.