8, SKINNERS LANE, METFIELD, HARLESTON, IP20 0LH - £230,000

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 SKINNERS LANE is a small extended semi-detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £271,874. It was last sold for £230,000 in December 2020, which was around 7% below the average December 2020 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was A.

8 SKINNERS LANE Sold Prices

Land registry data shows two sales for 8 SKINNERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 8 SKINNERS LANE sales 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
2020 10 DEC	£230,000	£247,764	7% below HPI
2018 30 NOV	£215,000	£232,129	7% below HPI

8 SKINNERS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 8 SKINNERS LANE sales from November 2018 and December 2020 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 November 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2020 sale, which was also at 7% below the HPI.

What might 8 SKINNERS LANE be worth now?

8 SKINNERS LANE might now be worth an estimated £271,874.

This is based on house price inflation of 18.2%, between December 2020 and March 2025, for semi-detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for 8 SKINNERS LANE of £230,000 on 10th December 2020. For the value to have increased from £230,000 to £271,874 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 8 SKINNERS LANE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The December 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SKINNERS LANE has not materially changed since December 2020.

How Large is 8 SKINNERS LANE?

8 SKINNERS LANE is 126m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of semi-detached houses houses in Metfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Metfield, and where 8 SKINNERS LANE lies on this distribution: 32% of semi-detached houses houses are smaller than 8 SKINNERS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Metfield.

8 SKINNERS LANE: Plot and Title Map

8 SKINNERS LANE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 SKINNERS LANE, 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 SKINNERS LANE). 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 SKINNERS LANE?

8 SKINNERS LANE is located in METFIELD, in the IP20 postcode district. The below map shows the position of No. 8 on SKINNERS LANE.