6, CHURCH CLOSE, LOWER SOMERSHAM, IPSWICH, IP8 4PW - £293,500

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

6 CHURCH CLOSE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £293,500 in March 2022, which was around 30% below the average March 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

6 CHURCH CLOSE Sold Prices

Land registry data shows two sales for 6 CHURCH CLOSE 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. Both of the two 6 CHURCH CLOSE 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
2022 18 MAR	£293,500	£421,851	30% below HPI
2004 6 AUG	£192,500	£227,894	16% below HPI

6 CHURCH CLOSE 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 6 CHURCH CLOSE sales from August 2004 and March 2022 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 August 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 CHURCH CLOSE?

6 CHURCH CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where 6 CHURCH CLOSE lies on this distribution: 13% of detached houses are smaller than 6 CHURCH CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Somersham.

6 CHURCH CLOSE: Plot and Title Map

6 CHURCH CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 6 CHURCH CLOSE, 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 6 CHURCH CLOSE). 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 6 CHURCH CLOSE?

6 CHURCH CLOSE is located in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of No. 6 on CHURCH CLOSE.