2, FREEHOLD ROAD, NEEDHAM MARKET, IPSWICH, IP6 8DU - £325,000

2 FREEHOLD ROAD is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £325,000 in May 2017, which was around 7% below the average May 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

2 FREEHOLD ROAD Sold Prices

Land registry data shows two sales for 2 FREEHOLD ROAD 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. One of the two 2 FREEHOLD ROAD sales was for below the average price, whilst the other was 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
2017 11 MAY	£325,000	£351,050	7% below HPI
1997 20 MAY	£87,500	£83,085	5% above HPI

2 FREEHOLD ROAD 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 2 FREEHOLD ROAD sales from May 1997 and May 2017 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 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 FREEHOLD ROAD?

2 FREEHOLD ROAD is 97m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Needham Market, and where 2 FREEHOLD ROAD lies on this distribution: 37% of detached houses are smaller than 2 FREEHOLD ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

2 FREEHOLD ROAD: Plot and Title Map

2 FREEHOLD ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 FREEHOLD ROAD, 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 2 FREEHOLD ROAD). 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 2 FREEHOLD ROAD?

2 FREEHOLD ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 2 on FREEHOLD ROAD.