THE BARN, MILL LANE, ALDERTON, WOODBRIDGE, IP12 3DB - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE BARN is a midsized detached house of 131m², built sometime between 1976 and 1982, which could now be worth an estimated £386,099. It was last sold for £355,000 in November 2020, which was around 7% below the average November 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN 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 THE BARN 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
2020 18 NOV	£355,000	£380,026	7% below HPI
2016 21 OCT	£265,000	£324,537	18% below HPI

THE BARN 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 THE BARN sales from October 2016 and November 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 October 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £386,099.

This is based on house price inflation of 8.8%, between November 2020 and April 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for THE BARN of £355,000 on 18th November 2020. For the value to have increased from £355,000 to £386,099 over the six years and seven months to April 2026, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2020 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since November 2020.

How Large is THE BARN?

THE BARN is 131m² according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses houses in Alderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alderton, and where THE BARN lies on this distribution: 55% of detached houses houses are smaller than THE BARN, and 45% of houses are larger. Note that EPC data is not available for all properties in Alderton.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on MILL LANE in ALDERTON, in the IP12 postcode district. The below map shows the position of THE BARN on MILL LANE.