THE WALNUT TREE, SHORT GROVE LANE, HOPTON, DISS, IP22 2RP - £545,000

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 WALNUT TREE is a large detached house of 138m², built sometime between 2003 and 2006. It was last sold for £545,000 in November 2022, which was around 16% above the average November 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

THE WALNUT TREE Sold Prices

Land registry data shows three sales for THE WALNUT TREE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. One of the three THE WALNUT TREE 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
2022 4 NOV	£545,000	£471,002	16% above HPI
2017 19 OCT	£7,000	£374,332	98% below HPI
2014 28 NOV	£293,000	£303,929	4% below HPI

THE WALNUT TREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three THE WALNUT TREE sales between November 2014 and November 2022 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 October 2017 sale was for 98% below the HPI. So the extrapolation line tracks at 98% below the HPI over time, until the November 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE WALNUT TREE?

THE WALNUT TREE is 138m² according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Hopton, based on EPC data. The below chart shows the distribution of detached houses by size in Hopton, and where THE WALNUT TREE lies on this distribution: 68% of detached houses are smaller than THE WALNUT TREE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hopton.

THE WALNUT TREE: Plot and Title Map

THE WALNUT TREE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of THE WALNUT TREE, 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 WALNUT TREE). 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 WALNUT TREE?

THE WALNUT TREE is located on SHORT GROVE LANE in HOPTON, in the IP22 postcode district. The below map shows the position of THE WALNUT TREE on SHORT GROVE LANE.