THE LEY, CHURCH MEADOW, GISLINGHAM, EYE, IP23 8HQ - £430,000

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 LEY is a midsized detached house of 132m², built sometime between 1991 and 1995, which could now be worth an estimated £464,786. It was last sold for £430,000 in October 2021, which was around 3% above the average October 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

THE LEY Sold Prices

Land registry data shows three sales for THE LEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three THE LEY 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 21 OCT	£430,000	£416,323	3% above HPI
2010 6 OCT	£280,000	£263,439	6% above HPI
2004 4 JUN	£248,000	£219,422	13% above HPI

THE LEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three THE LEY sales between June 2004 and October 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 October 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might THE LEY be worth now?

THE LEY might now be worth an estimated £464,786.

This is based on house price inflation of 8.1%, between October 2021 and July 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.1% inflationary increase is applied to the most recent sale price for THE LEY of £430,000 on 21st October 2021. For the value to have increased from £430,000 to £464,786 over the four years and three months to July 2025, the following assumptions must hold true:

• The value of THE LEY has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of THE LEY has not materially changed since October 2021.

How Large is THE LEY?

THE LEY is 132m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses houses in Gislingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gislingham, and where THE LEY lies on this distribution: 44% of detached houses houses are smaller than THE LEY, and 56% of houses are larger. Note that EPC data is not available for all properties in Gislingham.

THE LEY: Plot and Title Map

THE LEY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of THE LEY, 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 LEY). 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 LEY?

THE LEY is located on CHURCH MEADOW in GISLINGHAM, in the IP23 postcode district. The below map shows the position of THE LEY on CHURCH MEADOW.