2, THE OLD SCHOOL, THE STREET, WATTISFIELD, DISS, IP22 1NT - £250,000

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.

2 THE OLD SCHOOL is a very small terraced house of 70m², built sometime before 1900, which could now be worth an estimated £281,321. It was last sold for £250,000 in July 2021, which was around 25% above the average July 2021 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was A.

2 THE OLD SCHOOL Sold Prices

Land registry data shows six sales for 2 THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. All of the six 2 THE OLD SCHOOL 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 30 JUL	£250,000	£200,670	25% above HPI
2016 2 DEC	£205,000	£179,672	14% above HPI
2011 21 APR	£154,000	£131,989	17% above HPI
2006 13 APR	£155,000	£130,224	19% above HPI
2004 4 AUG	£153,500	£121,205	27% above HPI
1997 2 DEC	£54,000	£45,203	19% above HPI

2 THE OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Suffolk local authority area over time, sourced from the HPI. The six 2 THE OLD SCHOOL sales between December 1997 and July 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 December 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 THE OLD SCHOOL be worth now?

2 THE OLD SCHOOL might now be worth an estimated £281,321.

This is based on house price inflation of 12.5%, between July 2021 and July 2025, for terraced 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 12.5% inflationary increase is applied to the most recent sale price for 2 THE OLD SCHOOL of £250,000 on 30th July 2021. For the value to have increased from £250,000 to £281,321 over the four years to July 2025, the following assumptions must hold true:

• The value of 2 THE OLD SCHOOL has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The July 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE OLD SCHOOL has not materially changed since July 2021.

How Large is 2 THE OLD SCHOOL?

2 THE OLD SCHOOL is 70m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of terraced houses houses in Wattisfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wattisfield, and where 2 THE OLD SCHOOL lies on this distribution: 3% of terraced houses houses are smaller than 2 THE OLD SCHOOL, and 97% of houses are larger. Note that EPC data is not available for all properties in Wattisfield.

2 THE OLD SCHOOL: Plot and Title Map

2 THE OLD SCHOOL sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 2 THE OLD SCHOOL, 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 2 THE OLD SCHOOL). 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 2 THE OLD SCHOOL?

2 THE OLD SCHOOL is located on THE STREET in WATTISFIELD, in the IP22 postcode district. The below map shows the position of 2 THE OLD SCHOOL on THE STREET.