6, SPRINGFIELD ROAD, LOWER SOMERSHAM, IPSWICH, IP8 4PQ - £150,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

6 SPRINGFIELD ROAD is a very small semi-detached house of 55m², built sometime between 1967 and 1975. It was last sold for £150,000 in July 2014, which was around 48% below the average July 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

6 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 6 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 6 SPRINGFIELD 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
2014 9 JUL	£150,000	£289,270	48% below HPI
1996 14 JUN	£45,000	£76,158	41% below HPI
1995 31 OCT	£34,500	£78,118	56% below HPI

6 SPRINGFIELD ROAD 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 three 6 SPRINGFIELD ROAD sales between October 1995 and July 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 June 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2014 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 6 SPRINGFIELD ROAD?

6 SPRINGFIELD ROAD is 55m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% 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 SPRINGFIELD ROAD lies on this distribution: Less than 1% of detached houses are smaller than 6 SPRINGFIELD ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Somersham.

6 SPRINGFIELD ROAD: Plot and Title Map

6 SPRINGFIELD ROAD sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 6 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 6 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 6 SPRINGFIELD ROAD?

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