HILLCREST, BADINGHAM ROAD, PEASENHALL, SAXMUNDHAM, IP17 2ER - £550,000

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.

HILLCREST is a midsized extended detached house of 155m², built sometime between 1930 and 1949, which could now be worth an estimated £626,352. It was last sold for £550,000 in March 2021, which was around 48% above the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2021 10 MAR	£550,000	£371,477	48% above HPI
2014 26 SEP	£375,000	£282,948	33% above HPI

HILLCREST 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 HILLCREST sales from September 2014 and March 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 September 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £626,352.

This is based on house price inflation of 13.9%, between March 2021 and February 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 13.9% inflationary increase is applied to the most recent sale price for HILLCREST of £550,000 on 10th March 2021. For the value to have increased from £550,000 to £626,352 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since March 2021.

How Large is HILLCREST?

HILLCREST is 155m², which includes four extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses houses in Peasenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peasenhall, and where HILLCREST lies on this distribution: 54% of detached houses houses are smaller than HILLCREST, and 46% of houses are larger. Note that EPC data is not available for all properties in Peasenhall.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 2.3 acres, or 9,154m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on BADINGHAM ROAD in PEASENHALL, in the IP17 postcode district. The below map shows the position of HILLCREST on BADINGHAM ROAD.