42, THE DRIVE, REYDON, SOUTHWOLD, IP18 6PP - £442,500

42 THE DRIVE is a midsized extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £442,500 in November 2021, which was around 10% above the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

42 THE DRIVE Sold Prices

Land registry data shows four sales for 42 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. two of the four 42 THE DRIVE sales were for above the average price, and four 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
2021 30 NOV	£442,500	£402,968	10% above HPI
2018 10 APR	£320,000	£339,174	6% below HPI
2003 5 DEC	£212,500	£199,289	7% above HPI
2002 18 NOV	£175,000	£176,508	1% below HPI

42 THE DRIVE 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 four 42 THE DRIVE sales between November 2002 and November 2021 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 April 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 42 THE DRIVE?

42 THE DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 50% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 42 THE DRIVE lies on this distribution: 52% of detached houses are smaller than 42 THE DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Reydon.

42 THE DRIVE: Plot and Title Map

42 THE DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 42 THE DRIVE, 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 42 THE DRIVE). 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 42 THE DRIVE?

42 THE DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 42 on THE DRIVE.