23, OLD SCHOOL DRIVE, REYDON, SOUTHWOLD, IP18 6JZ - £167,500

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.

23 OLD SCHOOL DRIVE is a small terraced house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £275,926. It was last sold for £167,500 in August 2013, which was around 29% above the average August 2013 terraced price in the East Suffolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was B.

23 OLD SCHOOL DRIVE Sold Prices

Land registry data shows three sales for 23 OLD SCHOOL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 23 OLD SCHOOL DRIVE 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
2013 30 AUG	£167,500	£129,919	29% above HPI
2005 18 NOV	£210,000	£114,825	83% above HPI
2005 22 JUL	£225,000	£112,575	100% above HPI

23 OLD SCHOOL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The three 23 OLD SCHOOL DRIVE sales between July 2005 and August 2013 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 November 2005 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the August 2013 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 23 OLD SCHOOL DRIVE be worth now?

23 OLD SCHOOL DRIVE might now be worth an estimated £275,926.

This is based on house price inflation of 64.7%, between August 2013 and August 2025, for terraced houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.7% inflationary increase is applied to the most recent sale price for 23 OLD SCHOOL DRIVE of £167,500 on 30th August 2013. For the value to have increased from £167,500 to £275,926 over the twelve years to August 2025, the following assumptions must hold true:

• The value of 23 OLD SCHOOL DRIVE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The August 2013 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 23 OLD SCHOOL DRIVE has not materially changed since August 2013.

How Large is 23 OLD SCHOOL DRIVE?

23 OLD SCHOOL DRIVE is 79m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of terraced houses houses in Reydon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reydon, and where 23 OLD SCHOOL DRIVE lies on this distribution: 20% of terraced houses houses are smaller than 23 OLD SCHOOL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Reydon.

23 OLD SCHOOL DRIVE: Plot and Title Map

23 OLD SCHOOL DRIVE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 23 OLD SCHOOL DRIVE, 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 23 OLD SCHOOL DRIVE). 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 23 OLD SCHOOL DRIVE?

23 OLD SCHOOL DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 23 on OLD SCHOOL DRIVE.