TORRANCE HOUSE, SCHOOL ROAD, SHOTLEY GATE, IPSWICH, IP9 1PX - £390,000

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

TORRANCE HOUSE is a very large extended detached house of 176m², built sometime between 1900 and 1929. It was last sold for £390,000 in September 2018, which was around 5% below the average September 2018 detached price in the Babergh local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

TORRANCE HOUSE Sold Prices

Land registry data shows three sales for TORRANCE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three TORRANCE HOUSE 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
2018 11 SEP	£390,000	£411,761	5% below HPI
2015 24 APR	£307,000	£326,811	6% below HPI
2006 9 AUG	£260,000	£261,344	1% below HPI

TORRANCE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three TORRANCE HOUSE sales between August 2006 and September 2018 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 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is TORRANCE HOUSE?

TORRANCE HOUSE is 176m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses in Shotley Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Shotley Gate, and where TORRANCE HOUSE lies on this distribution: 95% of detached houses are smaller than TORRANCE HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

TORRANCE HOUSE: Plot and Title Map

TORRANCE HOUSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of TORRANCE 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 TORRANCE 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 TORRANCE HOUSE?

TORRANCE HOUSE is located on SCHOOL ROAD in SHOTLEY GATE, in the IP9 postcode district. The below map shows the position of TORRANCE HOUSE on SCHOOL ROAD.