7, SHEARWATER WAY, REYDON, SOUTHWOLD, IP18 6GX - £299,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SHEARWATER WAY is a large detached house of 120m², which could now be worth an estimated £499,450. It was last sold for £299,950 in November 2012, which was around 20% above the average November 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was B, and the potential energy rating was B.

7 SHEARWATER WAY Sold Prices

Land registry data shows two sales for 7 SHEARWATER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 7 SHEARWATER WAY 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 15 NOV	£299,950	£250,336	20% above HPI
2012 31 MAY	£289,000	£251,001	15% above HPI

7 SHEARWATER WAY 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 two 7 SHEARWATER WAY sales from May 2012 and November 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 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2012 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 SHEARWATER WAY be worth now?

7 SHEARWATER WAY might now be worth an estimated £499,450.

This is based on house price inflation of 66.5%, between November 2012 and June 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.5% inflationary increase is applied to the most recent sale price for 7 SHEARWATER WAY of £299,950 on 15th November 2012. For the value to have increased from £299,950 to £499,450 over the thirteen years and five months to June 2025, the following assumptions must hold true:

• The value of 7 SHEARWATER WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2012 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 7 SHEARWATER WAY has not materially changed since November 2012.

How Large is 7 SHEARWATER WAY?

7 SHEARWATER WAY is 120m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reydon, and where 7 SHEARWATER WAY lies on this distribution: 65% of detached houses houses are smaller than 7 SHEARWATER WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Reydon.

7 SHEARWATER WAY: Plot and Title Map

7 SHEARWATER WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 7 SHEARWATER WAY, 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 7 SHEARWATER WAY). 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 7 SHEARWATER WAY?

7 SHEARWATER WAY is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 7 on SHEARWATER WAY.