16, OLD SCHOOL DRIVE, REYDON, SOUTHWOLD, IP18 6JZ - £200,000

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

16 OLD SCHOOL DRIVE is a very small detached house of 42m², built sometime between 2003 and 2006. It was last sold for £200,000 in April 2014, which was around 24% below the average April 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

16 OLD SCHOOL DRIVE Sold Prices

Land registry data shows two sales for 16 OLD SCHOOL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 OLD SCHOOL DRIVE 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
2014 17 APR	£200,000	£264,724	24% below HPI
2005 9 SEP	£220,000	£228,988	4% below HPI

16 OLD SCHOOL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 16 OLD SCHOOL DRIVE sales from September 2005 and April 2014 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 September 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 OLD SCHOOL DRIVE?

16 OLD SCHOOL DRIVE is 42m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where 16 OLD SCHOOL DRIVE lies on this distribution: 1% of detached houses are smaller than 16 OLD SCHOOL DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reydon.

16 OLD SCHOOL DRIVE: Plot and Title Map

16 OLD SCHOOL DRIVE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 16 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 16 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 16 OLD SCHOOL DRIVE?

16 OLD SCHOOL DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 16 on OLD SCHOOL DRIVE.