Historical House Price- Red Flag?

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28 Nov 2008
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304
Location
Swindon
I'm looking to buy my first house:cool:. I've gone on a massive trawl of right move in the area I'm interested in and come up with a list of properties to view. Just been going through Mouseprice/Zoopla looking at all the historical info...

One house has got a very odd set of historical data. Namely

Property history
13 Oct 12 Added to site 208 days ago
initial price £121,995 24 Aug 07
Sold for £61,344 16 Feb 06
Sold for £119,995 22 Oct 04

That's one heck of a price drop in 2006. I'm wondering why..Then I note it was sold STC back in Feb then back on the market again a month or so ago. I'm wondering if the potential new buyer had a survey done and found out it needed expensive work doing and pulled out. I'm thinking I shouldn't be touching this house with someone else's 40ft barge pole. Just wondering if I'm reading this right...
 
Its a 2-bed, brick terraced house. Not too sure how to work out exact age without paying for land registry details(?). Its definitely an older house, I'd guess early 1900's, will see if I can find out a more exact age..
 
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