PERIPULL, MILL LANE, LOWER SOMERSHAM, IPSWICH, IP8 4PA - £640,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

PERIPULL is a very large extended detached house of 190m², built sometime between 1950 and 1966. It was last sold for £640,000 in June 2021, which was around 66% above the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was A.

PERIPULL Sold Prices

Land registry data shows two sales for PERIPULL 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 PERIPULL 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
2021 29 JUN	£640,000	£385,084	66% above HPI
1996 1 FEB	£98,000	£77,574	26% above HPI

PERIPULL 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 PERIPULL sales from February 1996 and June 2021 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 February 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is PERIPULL?

PERIPULL is 190m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where PERIPULL lies on this distribution: 83% of detached houses are smaller than PERIPULL, and 17% of houses are larger. Note that EPC data is not available for all properties in Somersham.

PERIPULL: Plot and Title Map

PERIPULL sits on a plot of roughly 0.562 of an acre, or 2,276m². The below map shows the location of PERIPULL, 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 PERIPULL). 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 PERIPULL?

PERIPULL is located on MILL LANE in LOWER SOMERSHAM, in the IP8 postcode district. The below map shows the position of PERIPULL on MILL LANE.