TIMBERS, THE STREET, REDGRAVE, DISS, IP22 1RW - £395,000

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

TIMBERS is a midsized detached house of 150m², built sometime between 1983 and 1990. It was last sold for £395,000 in August 2016, which was around 18% above the average August 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

TIMBERS Sold Prices

Land registry data shows two sales for TIMBERS 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 TIMBERS 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
2016 19 AUG	£395,000	£335,932	18% above HPI
2015 16 MAR	£320,000	£297,505	8% above HPI

TIMBERS 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 TIMBERS sales from March 2015 and August 2016 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 March 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is TIMBERS?

TIMBERS is 150m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% of detached houses in Redgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Redgrave, and where TIMBERS lies on this distribution: 49% of detached houses are smaller than TIMBERS, and 51% of houses are larger. Note that EPC data is not available for all properties in Redgrave.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.511 of an acre, or 2,069m². The below map shows the location of TIMBERS, 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 TIMBERS). 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 TIMBERS?

TIMBERS is located on THE STREET in REDGRAVE, in the IP22 postcode district. The below map shows the position of TIMBERS on THE STREET.