THE SHIP, BRIDGE STREET, BECCLES, NR34 9BA - £1,050,000

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 SHIP is a very large extended detached house of 308m², built sometime before 1900, which could now be worth an estimated £1,154,731. It was last sold for £1,050,000 in September 2021, which was around 177% above the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

THE SHIP Sold Prices

Land registry data shows three sales for THE SHIP 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. All of the three THE SHIP 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 29 SEP	£1,050,000	£379,031	177% above HPI
2002 1 AUG	£335,000	£162,033	107% above HPI
1998 27 APR	£151,000	£83,754	80% above HPI

THE SHIP 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 SHIP sales between April 1998 and September 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 August 2002 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the September 2021 sale, where it rises to 177% above the HPI. The line then continues to track at 177% above the HPI.

What might THE SHIP be worth now?

THE SHIP might now be worth an estimated £1,154,731.

This is based on house price inflation of 10%, between September 2021 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 10% inflationary increase is applied to the most recent sale price for THE SHIP of £1,050,000 on 29th September 2021. For the value to have increased from £1,050,000 to £1,154,731 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of THE SHIP has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2021 sale price of £1,050,000 represented a fair market value for the property.
• The size, condition, and specification of THE SHIP has not materially changed since September 2021.

How Large is THE SHIP?

THE SHIP is 308m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beccles, and where THE SHIP lies on this distribution: More than 99% of detached houses houses are smaller than THE SHIP, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Beccles.

THE SHIP: Plot and Title Map

THE SHIP sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of THE SHIP, 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 SHIP). 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 SHIP?

THE SHIP is located on BRIDGE STREET in BECCLES, in the NR34 postcode district. The below map shows the position of THE SHIP on BRIDGE STREET.