OFFTON LODGE, OFFTON, IPSWICH, IP8 4SF - £465,000

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

OFFTON LODGE is a large extended detached house of 181m², built sometime between 1983 and 1990. It was last sold for £465,000 in July 2015, which was around 56% above the average July 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

OFFTON LODGE Sold Prices

Land registry data shows two sales for OFFTON LODGE 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 OFFTON LODGE 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
2015 31 JUL	£465,000	£297,484	56% above HPI
2001 23 AUG	£250,000	£141,359	77% above HPI

OFFTON LODGE 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 OFFTON LODGE sales from August 2001 and July 2015 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 2001 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the July 2015 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is OFFTON LODGE?

OFFTON LODGE is 181m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Offton, based on EPC data. The below chart shows the distribution of detached houses by size in Offton, and where OFFTON LODGE lies on this distribution: 63% of detached houses are smaller than OFFTON LODGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Offton.

OFFTON LODGE: Plot and Title Map

OFFTON LODGE sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of OFFTON LODGE, 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 OFFTON LODGE). 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 OFFTON LODGE?

OFFTON LODGE is located in OFFTON, in the IP8 postcode district. The below map shows the position of OFFTON LODGE in OFFTON.