WEST HOUSE, HELMINGHAM ROAD, OTLEY, IPSWICH, IP6 9NR - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WEST HOUSE is a small detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £462,583. It was last sold for £380,000 in March 2020, which was around 9% above the average March 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was D.

WEST HOUSE Sold Prices

Land registry data shows four sales for WEST HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four WEST 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
2020 27 MAR	£380,000	£347,521	9% above HPI
2010 3 SEP	£250,000	£261,425	4% below HPI
2006 20 OCT	£225,000	£237,597	5% below HPI
2004 28 JUN	£210,000	£214,995	2% below HPI

WEST 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 four WEST HOUSE sales between June 2004 and March 2020 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 September 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might WEST HOUSE be worth now?

WEST HOUSE might now be worth an estimated £462,583.

This is based on house price inflation of 21.7%, between March 2020 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for WEST HOUSE of £380,000 on 27th March 2020. For the value to have increased from £380,000 to £462,583 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of WEST HOUSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of WEST HOUSE has not materially changed since March 2020.

How Large is WEST HOUSE?

WEST HOUSE is 116m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses houses in Otley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otley, and where WEST HOUSE lies on this distribution: 27% of detached houses houses are smaller than WEST HOUSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Otley.

WEST HOUSE: Plot and Title Map

WEST HOUSE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of WEST 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 WEST 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 WEST HOUSE?

WEST HOUSE is located on HELMINGHAM ROAD in OTLEY, in the IP6 postcode district. The below map shows the position of WEST HOUSE on HELMINGHAM ROAD.