WAYSIDE, MILL ROAD, LAXFIELD, WOODBRIDGE, IP13 8EA - £401,500

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.

WAYSIDE is a small detached house of 100m², built in 2019, which could now be worth an estimated £446,016. It was last sold for £401,500 in March 2021, which was around 1% above the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

WAYSIDE Sold Prices

Land registry data shows two sales for WAYSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two WAYSIDE sales was for above the average price, whilst the other was 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
2021 19 MAR	£401,500	£397,144	1% above HPI
2019 21 JUN	£365,000	£373,144	2% below HPI

WAYSIDE 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 two WAYSIDE sales from June 2019 and March 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 June 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £446,016.

This is based on house price inflation of 11.1%, between March 2021 and April 2026, 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 11.1% inflationary increase is applied to the most recent sale price for WAYSIDE of £401,500 on 19th March 2021. For the value to have increased from £401,500 to £446,016 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2021 sale price of £401,500 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since March 2021.

How Large is WAYSIDE?

WAYSIDE is 100m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laxfield, and where WAYSIDE lies on this distribution: 27% of detached houses houses are smaller than WAYSIDE, and 73% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

WAYSIDE is located on MILL ROAD in LAXFIELD, in the IP13 postcode district. The below map shows the position of WAYSIDE on MILL ROAD.