OLD SCHOOL HOUSE, LOWER SOMERSHAM, IPSWICH, IP8 4PH - £380,000

OLD SCHOOL HOUSE is a small extended detached house of 90m², built sometime before 1900. It was last sold for £380,000 in November 2017, which was around 4% above the average November 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two OLD SCHOOL HOUSE sales was for above the average price, whilst the other was for below 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
2017 6 NOV	£380,000	£365,046	4% above HPI
2007 16 NOV	£248,000	£279,161	11% below HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two OLD SCHOOL HOUSE sales from November 2007 and November 2017 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 90m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where OLD SCHOOL HOUSE lies on this distribution: 30% of detached houses are smaller than OLD SCHOOL HOUSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Somersham.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of OLD SCHOOL HOUSE, 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 OLD SCHOOL HOUSE). 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of OLD SCHOOL HOUSE in LOWER SOMERSHAM.