GREENACRES, MILL LANE, ALDERTON, WOODBRIDGE, IP12 3DB - £470,000

GREENACRES is a large detached house of 156m², built sometime between 1967 and 1975. It was last sold for £470,000 in December 2019, which was around 32% above the average December 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows three sales for GREENACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three GREENACRES 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
2019 3 DEC	£470,000	£355,140	32% above HPI
2008 9 JUL	£420,000	£256,145	64% above HPI
1999 16 APR	£115,950	£90,677	28% above HPI

GREENACRES 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 three GREENACRES sales between April 1999 and December 2019 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 July 2008 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2019 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is GREENACRES?

GREENACRES is 156m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Alderton, based on EPC data. The below chart shows the distribution of detached houses by size in Alderton, and where GREENACRES lies on this distribution: 74% of detached houses are smaller than GREENACRES, and 26% of houses are larger. Note that EPC data is not available for all properties in Alderton.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.525 of an acre, or 2,124m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on MILL LANE in ALDERTON, in the IP12 postcode district. The below map shows the position of GREENACRES on MILL LANE.