ORE HOUSE, SCHOOL ROAD, TUNSTALL, WOODBRIDGE, IP12 2JF - £520,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ORE HOUSE is a very large detached house of 155m². It was last sold for £520,000 in February 2024, which was around 22% above the average February 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

ORE HOUSE Sold Prices

Land registry data shows two sales for ORE 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 ORE 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
2024 29 FEB	£520,000	£427,316	22% above HPI
2020 7 MAY	£462,000	£348,864	32% above HPI

ORE 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 ORE HOUSE sales from May 2020 and February 2024 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 May 2020 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2024 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is ORE HOUSE?

ORE HOUSE is 155m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Tunstall, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstall, and where ORE HOUSE lies on this distribution: 84% of detached houses are smaller than ORE HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Tunstall.

ORE HOUSE: Plot and Title Map

ORE HOUSE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of ORE 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 ORE 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 ORE HOUSE?

ORE HOUSE is located on SCHOOL ROAD in TUNSTALL, in the IP12 postcode district. The below map shows the position of ORE HOUSE on SCHOOL ROAD.