VERULAM HOUSE, GREEN LANE, REYDON, SOUTHWOLD, IP18 6PG - £495,000

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

VERULAM HOUSE is a very large extended detached house of 266m², built sometime between 1930 and 1949. It was last sold for £495,000 in August 2016, which was around 55% above the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

VERULAM HOUSE Sold Prices

Land registry data shows three sales for VERULAM HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three VERULAM HOUSE 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 24 AUG	£495,000	£320,108	55% above HPI
2014 16 SEP	£440,000	£282,904	56% above HPI
1999 21 MAY	£135,000	£91,995	47% above HPI

VERULAM HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three VERULAM HOUSE sales between May 1999 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 September 2014 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2016 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is VERULAM HOUSE?

VERULAM HOUSE is 266m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where VERULAM HOUSE lies on this distribution: 99% of detached houses are smaller than VERULAM HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Reydon.

VERULAM HOUSE: Plot and Title Map

VERULAM HOUSE sits on a plot of roughly 0.260 of an acre, or 1,051m². The below map shows the location of VERULAM HOUSE, 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 VERULAM HOUSE). 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 VERULAM HOUSE?

VERULAM HOUSE is located on GREEN LANE in REYDON, in the IP18 postcode district. The below map shows the position of VERULAM HOUSE on GREEN LANE.