LOWER HOUSE, COMMON ROAD, HOPTON, DISS, IP22 2QU - £260,000

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

LOWER HOUSE is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £260,000 in June 2018, which was around 30% below the average June 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

LOWER HOUSE Sold Prices

Land registry data shows three sales for LOWER HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three LOWER HOUSE 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
2018 11 JUN	£260,000	£371,949	30% below HPI
1998 29 APR	£72,000	£91,894	22% below HPI
1996 19 SEP	£60,000	£83,552	28% below HPI

LOWER HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three LOWER HOUSE sales between September 1996 and June 2018 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 April 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is LOWER HOUSE?

LOWER HOUSE is 125m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Hopton, based on EPC data. The below chart shows the distribution of detached houses by size in Hopton, and where LOWER HOUSE lies on this distribution: 55% of detached houses are smaller than LOWER HOUSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Hopton.

LOWER HOUSE: Plot and Title Map

LOWER HOUSE sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of LOWER HOUSE, 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 LOWER HOUSE). 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 LOWER HOUSE?

LOWER HOUSE is located on COMMON ROAD in HOPTON, in the IP22 postcode district. The below map shows the position of LOWER HOUSE on COMMON ROAD.