2 Nicholas Drive, Reydon, Southwold, IP18 6RE is a freehold detached property built between 1967-1975. The property offers approximately 990 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £546,429 , which equates to approximately £552 per square foot. It was last sold on 10 May 2024 for £525,000. Since then, the value has increased by £21,429, representing a 4.1% increase, or approximately 2.5% per year.

The current estimated value of £546,429 is:

  • 24.7% higher than the average property price on Nicholas Drive
  • 30.2% higher than the average in the IP18 6RE postcode area
  • and 20.8% lower than the average price for Southwold as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 2 March 2021, the property was recorded as owner-occupied.

View sold house prices in IP18 6RE

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
990 sq ft
Tenure
Freehold
Price (estimate)
£546,429
Price Per sq ft (estimate)
£552
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Nicholas Drive, Reydon, Southwold, East Suffolk, Suffolk, IP18 6RE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Mar 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Jun 2009. The rating of C is unchanged, though the energy efficiency score decreased by 2.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 250mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 81% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 81% of fixed outlets
Very Good

Compared to IP18 6RE

2 nd / 25
Price Rank
30% higher than average
6 th / 16
Size Rank
4% bigger than average
2 nd / 16
Price Per Sq FT Rank
26% higher than average

Compared to other properties in IP18 6RE , this bungalow's estimated value ranks 2nd out of 25. Based on price per square foot, it ranks 2nd out of 16 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 16 properties in its postcode area.

Sale History

Today
£546,429
streetscan.co.uk estimate
+4 %
10 May 2024
£525,000
Leasehold
+20.7 %
10 May 2021
£435,000
Leasehold
+62.6 %
16 Dec 2009
£267,500
Leasehold
+10.1 %
7 Sep 2007
£243,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 915 sq ft
sale price: £397,500
sale date: 10 Mar 2023
rooms: 5
size: 990 sq ft
sale price: £500,000
sale date: 19 May 2022
rooms: 4
size: 1001 sq ft
sale price: £456,000
sale date: 24 Jun 2021
rooms: 4
size: 915 sq ft
sale price: £362,500
sale date: 21 Aug 2020
rooms: 3
size: 1098 sq ft
sale price: £380,000
sale date: 19 Feb 2018

Data Sources

The property at 2 Nicholas Drive, Reydon, Southwold, IP18 6RE appears four times in the Land Registry records, with the latest transaction recorded on 10 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Mar 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.