WATERS MEET, FRAMLINGHAM ROAD, LAXFIELD, WOODBRIDGE, IP13 8HD - £695,000

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

WATERS MEET is a very large detached house of 280m², built sometime between 1991 and 1995. It was last sold for £695,000 in July 2012, which was around 174% above the average July 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

WATERS MEET Sold Prices

Land registry data shows two sales for WATERS MEET 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 WATERS MEET 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
2012 20 JUL	£695,000	£253,825	174% above HPI
2001 22 MAY	£385,000	£128,843	199% above HPI

WATERS MEET 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 WATERS MEET sales from May 2001 and July 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 May 2001 sale was for 199% above the HPI. So the extrapolation line tracks at 199% above the HPI over time, until the July 2012 sale, where it falls to 174% above the HPI. The line then continues to track at 174% above the HPI.

How Large is WATERS MEET?

WATERS MEET is 280m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where WATERS MEET lies on this distribution: 99% of detached houses are smaller than WATERS MEET, and 1% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

WATERS MEET: Plot and Title Map

WATERS MEET sits on a plot of roughly 0.910 of an acre, or 3,682m². The below map shows the location of WATERS MEET, 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 WATERS MEET). 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 WATERS MEET?

WATERS MEET is located on FRAMLINGHAM ROAD in LAXFIELD, in the IP13 postcode district. The below map shows the position of WATERS MEET on FRAMLINGHAM ROAD.