OLD SCHOOL HOUSE, WANGFORD ROAD, REYDON, SOUTHWOLD, IP18 6PA - £332,500

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 midsized extended detached house of 115m², built sometime before 1900. It was last sold for £332,500 in July 2014, which was around 21% above the average July 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

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. Both of the two 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
2014 21 JUL	£332,500	£274,314	21% above HPI
2005 9 DEC	£250,000	£221,366	13% 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 December 2005 and July 2014 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 December 2005 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2014 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 115m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses by size in Reydon, and where OLD SCHOOL HOUSE lies on this distribution: 60% of detached houses are smaller than OLD SCHOOL HOUSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Reydon.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.127 of an acre, or 514m². 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 WANGFORD ROAD in REYDON, in the IP18 postcode district. The below map shows the position of OLD SCHOOL HOUSE on WANGFORD ROAD.