THATCHERS REST, THE STREET, MONKS ELEIGH, IPSWICH, IP7 7AU - £220,000

THATCHERS REST is a very small extended detached house of 36m², built sometime before 1900. It was last sold for £220,000 in August 2012, which was around 24% below the average August 2012 detached price in the Babergh local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

THATCHERS REST Sold Prices

Land registry data shows three sales for THATCHERS REST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three THATCHERS REST 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
2012 6 AUG	£220,000	£291,306	24% below HPI
2006 29 AUG	£245,000	£261,344	6% below HPI
2002 28 MAR	£150,000	£160,290	6% below HPI

THATCHERS REST 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 three THATCHERS REST sales between March 2002 and August 2012 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 August 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2012 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THATCHERS REST?

THATCHERS REST is 36m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Monks Eleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Monks Eleigh, and where THATCHERS REST lies on this distribution: Less than 1% of detached houses are smaller than THATCHERS REST, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Monks Eleigh.

THATCHERS REST: Plot and Title Map

THATCHERS REST sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of THATCHERS REST, 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 THATCHERS REST). 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 THATCHERS REST?

THATCHERS REST is located on THE STREET in MONKS ELEIGH, in the IP7 postcode district. The below map shows the position of THATCHERS REST on THE STREET.