MALLING HOUSE, LOWER SOMERSHAM, IPSWICH, IP8 4PH - £242,000

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

MALLING HOUSE is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £242,000 in February 2004, which was around 14% above the average February 2004 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

MALLING HOUSE Sold Prices

Land registry data shows two sales for MALLING HOUSE 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 MALLING HOUSE sales were for above 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
2004 6 FEB	£242,000	£211,508	14% above HPI
2002 15 JAN	£160,000	£157,899	1% above HPI

MALLING HOUSE 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 MALLING HOUSE sales from January 2002 and February 2004 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 January 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2004 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is MALLING HOUSE?

MALLING HOUSE is 120m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where MALLING HOUSE lies on this distribution: 50% of detached houses are smaller than MALLING HOUSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Somersham.

MALLING HOUSE: Plot and Title Map

MALLING HOUSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of MALLING 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 MALLING 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 MALLING HOUSE?

MALLING HOUSE is located in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of MALLING HOUSE in LOWER SOMERSHAM.