HOMEACRE, THE GREEN, PALGRAVE, DISS, IP22 1AN - £273,000

HOMEACRE is a very small extended detached house of 95m², built sometime before 1900. It was last sold for £273,000 in February 2016, which was around 17% below the average February 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

HOMEACRE Sold Prices

Land registry data shows four sales for HOMEACRE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Most of the four HOMEACRE 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
2016 10 FEB	£273,000	£327,595	17% below HPI
2013 15 OCT	£263,000	£265,963	1% below HPI
2006 10 MAR	£242,500	£237,517	2% above HPI
1995 26 MAY	£55,500	£76,552	28% below HPI

HOMEACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four HOMEACRE sales between May 1995 and February 2016 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 October 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is HOMEACRE?

HOMEACRE is 95m², which includes three extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Palgrave, and where HOMEACRE lies on this distribution: 16% of detached houses are smaller than HOMEACRE, and 83% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

HOMEACRE: Plot and Title Map

HOMEACRE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of HOMEACRE, 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 HOMEACRE). 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 HOMEACRE?

HOMEACRE is located on THE GREEN in PALGRAVE, in the IP22 postcode district. The below map shows the position of HOMEACRE on THE GREEN.