THE OLD BLACKSMITHS, THE STREET, RICKINGHALL, DISS, IP22 1EG - £315,000

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

THE OLD BLACKSMITHS is a large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £315,000 in January 2023, which was around 29% below the average January 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

THE OLD BLACKSMITHS Sold Prices

Land registry data shows four sales for THE OLD BLACKSMITHS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. two of the four THE OLD BLACKSMITHS sales were for below the average price, and four 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
2023 9 JAN	£315,000	£443,655	29% below HPI
2001 29 AUG	£197,000	£141,359	39% above HPI
1999 1 APR	£140,000	£107,103	31% above HPI
1996 27 SEP	£50,000	£80,138	38% below HPI

THE OLD BLACKSMITHS 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 four THE OLD BLACKSMITHS sales between September 1996 and January 2023 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 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE OLD BLACKSMITHS?

THE OLD BLACKSMITHS is 158m², which includes three extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 30% of detached houses in Rickinghall, based on EPC data. The below chart shows the distribution of detached houses by size in Rickinghall, and where THE OLD BLACKSMITHS lies on this distribution: 71% of detached houses are smaller than THE OLD BLACKSMITHS, and 29% of houses are larger. Note that EPC data is not available for all properties in Rickinghall.

THE OLD BLACKSMITHS: Plot and Title Map

THE OLD BLACKSMITHS sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of THE OLD BLACKSMITHS, 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 THE OLD BLACKSMITHS). 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 THE OLD BLACKSMITHS?

THE OLD BLACKSMITHS is located on THE STREET in RICKINGHALL, in the IP22 postcode district. The below map shows the position of THE OLD BLACKSMITHS on THE STREET.