THE LILACS, THE COMMON, KNODISHALL, SAXMUNDHAM, IP17 1UZ - £275,000

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 LILACS is a very small extended detached house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £457,375. It was last sold for £275,000 in July 2012, which was around 10% above the average July 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

THE LILACS Sold Prices

Land registry data shows three sales for THE LILACS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the three THE LILACS sales was for above the average price, whilst two 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 11 JUL	£275,000	£250,626	10% above HPI
2010 21 JUN	£200,000	£251,404	20% below HPI
2009 6 OCT	£160,000	£236,404	32% below HPI

THE LILACS 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 three THE LILACS sales between October 2009 and July 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 June 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2012 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might THE LILACS be worth now?

THE LILACS might now be worth an estimated £457,375.

This is based on house price inflation of 66.3%, between July 2012 and June 2025, 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 66.3% inflationary increase is applied to the most recent sale price for THE LILACS of £275,000 on 11th July 2012. For the value to have increased from £275,000 to £457,375 over the thirteen years and one month to June 2025, the following assumptions must hold true:

• The value of THE LILACS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of THE LILACS has not materially changed since July 2012.

How Large is THE LILACS?

THE LILACS is 80m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses houses in Coldfair Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coldfair Green, and where THE LILACS lies on this distribution: 19% of detached houses houses are smaller than THE LILACS, and 81% of houses are larger. Note that EPC data is not available for all properties in Coldfair Green.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of THE LILACS, 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 LILACS). 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 LILACS?

THE LILACS is located on THE COMMON in KNODISHALL, in the IP17 postcode district. The below map shows the position of THE LILACS on THE COMMON.