2, PREVETTS WAY, ALDEBURGH, IP15 5LT - £825,000

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

2 PREVETTS WAY is a midsized extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £825,000 in August 2022, which was around 91% above the average August 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

2 PREVETTS WAY Sold Prices

Land registry data shows three sales for 2 PREVETTS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 PREVETTS WAY sales 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
2022 19 AUG	£825,000	£432,997	91% above HPI
2018 4 DEC	£550,000	£358,627	53% above HPI
1997 26 JUN	£139,501	£80,188	74% above HPI

2 PREVETTS WAY 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 three 2 PREVETTS WAY sales between June 1997 and August 2022 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 December 2018 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2022 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 2 PREVETTS WAY?

2 PREVETTS WAY is 148m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Aldeburgh, and where 2 PREVETTS WAY lies on this distribution: 60% of detached houses are smaller than 2 PREVETTS WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

2 PREVETTS WAY: Plot and Title Map

2 PREVETTS WAY sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 PREVETTS WAY, 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 2 PREVETTS WAY). 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 2 PREVETTS WAY?

2 PREVETTS WAY is located in ALDEBURGH, in the IP15 postcode district. The below map shows the position of No. 2 on PREVETTS WAY.