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According to the public record, Pipeworks, Eye is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,069 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Pipeworks, Eye is £389,163 and the estimated rental value is £1,308 per month.
Eye Road, Hoxne, Eye, IP21 is located in the borough of Mid Suffolk within the IP21 postal district.
Pipeworks, Eye has a single entry in the Land Registry from February 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Pipeworks, Eye is in very good condition we estimate a sale value of £408,621 and a rental value of £1,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,922 and a rental value of £1,216 per month.
Over the last 12 months the sale value of Pipeworks Eye has decreased by an estimated £14,889 (3.8%) and its rental value has increased by an estimated £25 per month (1.9%), giving an expected gross yield of 4%.
According to HM Land Registry, Pipeworks, Eye was last sold on 11th February 2010 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2010, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Pipeworks, Eye within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Eldfield, Goldbrook, Eye, IP21 5AN, a freehold house which sold for £362,500 on the 16th June 2023.
Read more about house prices in IP21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eye Road, Hoxne, Eye, IP21 has a total of 21 addresses. According to our analysis of all the public data, Pipeworks, Eye is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in IP21.
The closest station to Pipeworks, Eye is Diss station which is 5.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Pipeworks, Eye, 60.0% of property is privately owned outright and 22.5% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Pipeworks, Eye, 14.5% of residents are recorded as possessing school level qualifications and 43.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Pipeworks, Eye, the average age was 48.4 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Pipeworks, Eye, 1.9% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Pipeworks, Eye, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.