Shortlands Palmers Lane

    SHORTLANDS, PALMERS LANE, WALBERSWICK, SOUTHWOLD, IP18 6TQ

    This detached freehold property on Palmers Lane last sold in June 2021 for £1,800,000. Based on price growth in the IP18 district since then, its estimated current value is £1,793,669 — placing it in the 99th percentile nationally and the 98th percentile within IP18. The property covers 266 m² (2,863 sq ft), giving an estimated value of £6,743 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,863 sq ft

    266 m²

    Last Sale Price

    £1,800,000

    Jun 2021

    Estimated Valuation

    £1,793,669

    Est. £/sq ft

    £626/sq ft

    £6,743/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms6
    Main fueloil (not community)
    EPC currentC
    EPC potentialC
    Floor area2,863 sq ft (266 m²)
    EPC dateMar 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    17 Jun 2021

    £1,800,000

    30 Sept 2005

    £275,000

    Key Metrics

    Estimated valuation£1,793,669
    Value per sq ft / m²£626/sq ft (£6,743/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP18 district percentile98th percentile
    National percentile99th percentile

    District Context — IP18

    IP18 covers rural areas in central Suffolk, positioned inland from the Norfolk coast. The district is characterised by countryside living with a predominantly mature, settled population.

    Average Property Price - IP18

    £577,020

    88

    National percentile

    Average Net Household Income - IP18

    £38,389

    51

    National percentile

    10-Year Annualised Price Growth - IP18

    2.8%

    23

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP18

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