THE OLD STORES, SHOP STREET, WORLINGWORTH, WOODBRIDGE, IP13 7HX - £310,000

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

THE OLD STORES is a midsized extended detached house of 125m², built sometime before 1900. It was last sold for £310,000 in June 2017, which was around 13% below the average June 2017 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

THE OLD STORES Sold Prices

Land registry data shows two sales for THE OLD STORES 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 THE OLD STORES sales were for below 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
2017 7 JUN	£310,000	£356,082	13% below HPI
2014 17 APR	£242,000	£268,247	10% below HPI

THE OLD STORES 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 THE OLD STORES sales from April 2014 and June 2017 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 April 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is THE OLD STORES?

THE OLD STORES is 125m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Worlingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Worlingworth, and where THE OLD STORES lies on this distribution: 42% of detached houses are smaller than THE OLD STORES, and 56% of houses are larger. Note that EPC data is not available for all properties in Worlingworth.

THE OLD STORES: Plot and Title Map

THE OLD STORES sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of THE OLD STORES, 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 STORES). 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 STORES?

THE OLD STORES is located on SHOP STREET in WORLINGWORTH, in the IP13 postcode district. The below map shows the position of THE OLD STORES on SHOP STREET.