TWO CHESTNUTS, HALF MOON LANE, REDGRAVE, DISS, IP22 1RU - £105,000

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

TWO CHESTNUTS is a very small detached house of 30m², built sometime between 1983 and 1990. It was last sold for £105,000 in June 2012, which was around 58% below the average June 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

TWO CHESTNUTS Sold Prices

Land registry data shows four sales for TWO CHESTNUTS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four TWO CHESTNUTS sales 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
2012 29 JUN	£105,000	£251,479	58% below HPI
2005 16 DEC	£101,000	£235,595	57% below HPI
2001 12 OCT	£49,000	£156,695	69% below HPI
1997 3 APR	£34,000	£81,128	58% below HPI

TWO CHESTNUTS 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 four TWO CHESTNUTS sales between April 1997 and June 2012 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 December 2005 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2012 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is TWO CHESTNUTS?

TWO CHESTNUTS is 30m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Redgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Redgrave, and where TWO CHESTNUTS lies on this distribution: Less than 1% of detached houses are smaller than TWO CHESTNUTS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redgrave.

TWO CHESTNUTS: Plot and Title Map

TWO CHESTNUTS sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of TWO CHESTNUTS, 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 TWO CHESTNUTS). 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 TWO CHESTNUTS?

TWO CHESTNUTS is located on HALF MOON LANE in REDGRAVE, in the IP22 postcode district. The below map shows the position of TWO CHESTNUTS on HALF MOON LANE.