8, RAVENSMERE, BECCLES, NR34 9DX - £215,000

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.

8 RAVENSMERE is a large extended terraced house of 114m², built sometime between 1900 and 1929, which could now be worth an estimated £275,222. It was last sold for £215,000 in October 2017, which was around 31% above the average October 2017 terraced price in the East Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was G, and the potential energy rating was C.

8 RAVENSMERE Sold Prices

Land registry data shows four sales for 8 RAVENSMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. The four 8 RAVENSMERE sales were a mix of above the average price, and roughly equal to 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 2 OCT	£215,000	£164,261	31% above HPI
2016 26 AUG	£180,000	£154,488	17% above HPI
2012 26 NOV	£138,000	£122,404	13% above HPI
2000 14 APR	£46,000	£46,216	Close to HPI

8 RAVENSMERE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The four 8 RAVENSMERE sales between April 2000 and October 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 August 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 8 RAVENSMERE be worth now?

8 RAVENSMERE might now be worth an estimated £275,222.

This is based on house price inflation of 28%, between October 2017 and June 2025, for terraced 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 28% inflationary increase is applied to the most recent sale price for 8 RAVENSMERE of £215,000 on 2nd October 2017. For the value to have increased from £215,000 to £275,222 over the eight years and four months to June 2025, the following assumptions must hold true:

• The value of 8 RAVENSMERE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The October 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RAVENSMERE has not materially changed since October 2017.

How Large is 8 RAVENSMERE?

8 RAVENSMERE is 114m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of terraced houses houses in Beccles, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Beccles, and where 8 RAVENSMERE lies on this distribution: 68% of terraced houses houses are smaller than 8 RAVENSMERE, and 31% of houses are larger. Note that EPC data is not available for all properties in Beccles.

8 RAVENSMERE: Plot and Title Map

8 RAVENSMERE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 8 RAVENSMERE, 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 8 RAVENSMERE). 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 8 RAVENSMERE?

8 RAVENSMERE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 8 on RAVENSMERE.