SHORTLANDS, PALMERS LANE, WALBERSWICK, SOUTHWOLD, IP18 6TQ - £1,800,000

SHORTLANDS is a very large extended detached house of 266m², built sometime between 2007 and 2011. It was last sold for £1,800,000 in June 2021, which was around 373% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

SHORTLANDS Sold Prices

Land registry data shows two sales for SHORTLANDS 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 SHORTLANDS 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 17 JUN	£1,800,000	£380,524	373% above HPI
2005 30 SEP	£275,000	£228,988	20% above HPI

SHORTLANDS 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 SHORTLANDS sales from September 2005 and June 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 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it rises to 373% above the HPI. The line then continues to track at 373% above the HPI.

How Large is SHORTLANDS?

SHORTLANDS is 266m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Walberswick, based on EPC data. The below chart shows the distribution of detached houses by size in Walberswick, and where SHORTLANDS lies on this distribution: 92% of detached houses are smaller than SHORTLANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Walberswick.

SHORTLANDS: Plot and Title Map

SHORTLANDS sits on a plot of roughly 0.495 of an acre, or 2,005m². The below map shows the location of SHORTLANDS, 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 SHORTLANDS). 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 SHORTLANDS?

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