70, SPRINGFIELD ROAD, LOWER SOMERSHAM, IPSWICH, IP8 4PQ - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

70 SPRINGFIELD ROAD is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £225,000 in December 2013, which was around 17% below the average December 2013 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was C.

70 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 70 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 70 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
2013 17 DEC	£225,000	£272,539	17% below HPI
2004 27 AUG	£145,000	£227,894	36% below HPI
2004 14 JAN	£100,000	£210,472	52% below HPI

70 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 70 SPRINGFIELD ROAD sales between January 2004 and December 2013 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 70 SPRINGFIELD ROAD?

70 SPRINGFIELD ROAD is 110m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where 70 SPRINGFIELD ROAD lies on this distribution: 40% of detached houses are smaller than 70 SPRINGFIELD ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Somersham.

70 SPRINGFIELD ROAD: Plot and Title Map

70 SPRINGFIELD ROAD sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 70 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 70 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 70 SPRINGFIELD ROAD?

70 SPRINGFIELD ROAD is located in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of No. 70 on SPRINGFIELD ROAD.