Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
11A SCHOOL ROAD is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £260,000 in April 2016, which was around 21% below the average April 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 11A SCHOOL ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 11A SCHOOL ROAD sales were 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 |
---|---|---|---|
2016 29 APR | £260,000 | £328,820 | 21% below HPI |
2007 1 JUN | £200,000 | £260,127 | 23% below HPI |
2005 8 APR | £175,000 | £224,715 | 22% below HPI |
1999 23 APR | £76,000 | £107,103 | 29% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 11A SCHOOL ROAD sales between April 1999 and April 2016 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 June 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
11A SCHOOL ROAD is 70m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Thurston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurston, and where 11A SCHOOL ROAD lies on this distribution: 6% of detached houses are smaller than 11A SCHOOL ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Thurston.
11A SCHOOL ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 11A SCHOOL ROAD, 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 11A SCHOOL ROAD). 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.
11A SCHOOL ROAD is located in THURSTON, in the IP31 postcode district. The below map shows the position of No. 11A on SCHOOL ROAD.