MAJORCA, THREADNEEDLE STREET, HADLEIGH, IPSWICH, IP7 5DF - £275,000

MAJORCA is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £275,000 in September 2018, which was around 33% below the average September 2018 detached price in the Babergh local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

MAJORCA Sold Prices

Land registry data shows two sales for MAJORCA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two MAJORCA 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
2018 29 SEP	£275,000	£411,761	33% below HPI
2017 6 OCT	£275,000	£402,246	32% below HPI

MAJORCA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two MAJORCA sales from October 2017 and September 2018 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 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is MAJORCA?

MAJORCA is 78m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hadleigh, and where MAJORCA lies on this distribution: 12% of detached houses are smaller than MAJORCA, and 87% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.

MAJORCA: Plot and Title Map

MAJORCA sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of MAJORCA, 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 MAJORCA). 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 MAJORCA?

MAJORCA is located on THREADNEEDLE STREET in HADLEIGH, in the IP7 postcode district. The below map shows the position of MAJORCA on THREADNEEDLE STREET.