OLD SCHOOL HOUSE, CHAPEL STREET, BILDESTON, IPSWICH, IP7 7EP - £445,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OLD SCHOOL HOUSE is a large extended detached house of 143m², built sometime before 1900, which could now be worth an estimated £496,648. It was last sold for £445,000 in November 2020, which was around 1% above the average November 2020 detached price in the Babergh local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was D.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows six sales for OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the six OLD SCHOOL 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
2020 17 NOV	£445,000	£438,609	1% above HPI
2015 11 AUG	£425,000	£343,741	24% above HPI
2006 30 NOV	£387,500	£280,297	38% above HPI
1998 29 JAN	£149,700	£99,701	50% above HPI
1997 4 JUL	£135,000	£93,658	44% above HPI
1995 15 DEC	£102,000	£80,612	27% above HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The six OLD SCHOOL HOUSE sales between December 1995 and November 2020 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 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might OLD SCHOOL HOUSE be worth now?

OLD SCHOOL HOUSE might now be worth an estimated £496,648.

This is based on house price inflation of 11.6%, between November 2020 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.6% inflationary increase is applied to the most recent sale price for OLD SCHOOL HOUSE of £445,000 on 17th November 2020. For the value to have increased from £445,000 to £496,648 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The November 2020 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL HOUSE has not materially changed since November 2020.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 143m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Bildeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bildeston, and where OLD SCHOOL HOUSE lies on this distribution: 63% of detached houses houses are smaller than OLD SCHOOL HOUSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Bildeston.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.076 of an acre, or 307m². 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 STREET in BILDESTON, in the IP7 postcode district. The below map shows the position of OLD SCHOOL HOUSE on CHAPEL STREET.