MARSHWAY, LEVERETTS LANE, WALBERSWICK, SOUTHWOLD, IP18 6TS - £1,400,000

MARSHWAY is a small extended detached house of 130m², built sometime between 1900 and 1929. It was last sold for £1,400,000 in October 2020, which was around 275% above the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was G, and the potential energy rating was C.

MARSHWAY Sold Prices

Land registry data shows two sales for MARSHWAY 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 MARSHWAY 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
2020 30 OCT	£1,400,000	£373,131	275% above HPI
2010 17 SEP	£875,000	£261,384	235% above HPI

MARSHWAY 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 MARSHWAY sales from September 2010 and October 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 September 2010 sale was for 235% above the HPI. So the extrapolation line tracks at 235% above the HPI over time, until the October 2020 sale, where it rises to 275% above the HPI. The line then continues to track at 275% above the HPI.

How Large is MARSHWAY?

MARSHWAY is 130m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses in Walberswick, based on EPC data. The below chart shows the distribution of detached houses by size in Walberswick, and where MARSHWAY lies on this distribution: 27% of detached houses are smaller than MARSHWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Walberswick.

MARSHWAY: Plot and Title Map

MARSHWAY sits on a plot of roughly 0.659 of an acre, or 2,667m². The below map shows the location of MARSHWAY, 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 MARSHWAY). 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 MARSHWAY?

MARSHWAY is located on LEVERETTS LANE in WALBERSWICK, in the IP18 postcode district. The below map shows the position of MARSHWAY on LEVERETTS LANE.