66, SPRINGFIELD ROAD, LOWER SOMERSHAM, IPSWICH, IP8 4PQ - £86,000

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

66 SPRINGFIELD ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £86,000 in September 2000, which was around 35% below the average September 2000 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

66 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 66 SPRINGFIELD ROAD 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 66 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
2000 22 SEP	£86,000	£133,312	35% below HPI
1997 24 OCT	£51,500	£90,248	43% below HPI

66 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 two 66 SPRINGFIELD ROAD sales from October 1997 and September 2000 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 October 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2000 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 66 SPRINGFIELD ROAD?

66 SPRINGFIELD ROAD is 65m² according to the EPC inspection conducted in February 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 66 SPRINGFIELD ROAD lies on this distribution: 3% of detached houses are smaller than 66 SPRINGFIELD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Somersham.

66 SPRINGFIELD ROAD: Plot and Title Map

66 SPRINGFIELD ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 66 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 66 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 66 SPRINGFIELD ROAD?

66 SPRINGFIELD ROAD is located in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of No. 66 on SPRINGFIELD ROAD.