THE RECTORY, ORCHARD CLOSE, GISLINGHAM, EYE, IP23 8JW - £392,500

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 RECTORY is a large extended detached house of 178m², built sometime between 1983 and 1990. It was last sold for £392,500 in October 2015, which was around 23% above the average October 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

THE RECTORY Sold Prices

Land registry data shows two sales for THE RECTORY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two THE RECTORY 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
2015 6 OCT	£392,500	£319,004	23% above HPI
2003 2 JAN	£218,500	£194,592	12% above HPI

THE RECTORY 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 two THE RECTORY sales from January 2003 and October 2015 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 January 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2015 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE RECTORY?

THE RECTORY is 178m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gislingham, and where THE RECTORY lies on this distribution: 72% of detached houses are smaller than THE RECTORY, and 28% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

THE RECTORY: Plot and Title Map

THE RECTORY sits on a plot of roughly 0.383 of an acre, or 1,551m². The below map shows the location of THE RECTORY, 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 RECTORY). 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 RECTORY?

THE RECTORY is located on ORCHARD CLOSE in GISLINGHAM, in the IP23 postcode district. The below map shows the position of THE RECTORY on ORCHARD CLOSE.