26, SPRINGFIELD ROAD, LOWER SOMERSHAM, IPSWICH, IP8 4PQ - £270,000

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.

26 SPRINGFIELD ROAD is a small extended semi-detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £336,102. It was last sold for £270,000 in March 2020, which was around 18% above the average March 2020 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

26 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 26 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 26 SPRINGFIELD ROAD 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
2020 6 MAR	£270,000	£228,575	18% above HPI
1996 28 JUN	£45,000	£47,788	6% below HPI

26 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 26 SPRINGFIELD ROAD sales from June 1996 and March 2020 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 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 26 SPRINGFIELD ROAD be worth now?

26 SPRINGFIELD ROAD might now be worth an estimated £336,102.

This is based on house price inflation of 24.5%, between March 2020 and February 2025, for semi-detached 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 24.5% inflationary increase is applied to the most recent sale price for 26 SPRINGFIELD ROAD of £270,000 on 6th March 2020. For the value to have increased from £270,000 to £336,102 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 26 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The March 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 26 SPRINGFIELD ROAD has not materially changed since March 2020.

How Large is 26 SPRINGFIELD ROAD?

26 SPRINGFIELD ROAD is 108m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of semi-detached houses houses in Somersham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Somersham, and where 26 SPRINGFIELD ROAD lies on this distribution: 35% of semi-detached houses houses are smaller than 26 SPRINGFIELD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Somersham.

26 SPRINGFIELD ROAD: Plot and Title Map

26 SPRINGFIELD ROAD sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 26 SPRINGFIELD 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 26 SPRINGFIELD 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.

Where is 26 SPRINGFIELD ROAD?

26 SPRINGFIELD ROAD is located in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of No. 26 on SPRINGFIELD ROAD.