OLD SCHOOL HOUSE, CHAPEL ROAD, WRENTHAM, BECCLES, NR34 7LT - £250,000

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

OLD SCHOOL HOUSE is a large extended detached house of 133m², built sometime before 1900. It was last sold for £250,000 in May 2010, which was around 1% below the average May 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was E.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for OLD SCHOOL 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 East Suffolk local authority area for the corresponding sale date. One of the two OLD SCHOOL HOUSE sales was for below the average price, whilst the other was 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
2010 10 MAY	£250,000	£252,413	1% below HPI
2004 20 JAN	£215,000	£201,094	7% above HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two OLD SCHOOL HOUSE sales from January 2004 and May 2010 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 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2010 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 133m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses in Wrentham, based on EPC data. The below chart shows the distribution of detached houses by size in Wrentham, and where OLD SCHOOL HOUSE lies on this distribution: 72% of detached houses are smaller than OLD SCHOOL HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Wrentham.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located on CHAPEL ROAD in WRENTHAM, in the NR34 postcode district. The below map shows the position of OLD SCHOOL HOUSE on CHAPEL ROAD.