20, CHALKEITH ROAD, NEEDHAM MARKET, IPSWICH, IP6 8HA - £340,000

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.

20 CHALKEITH ROAD is a midsized extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £388,431. It was last sold for £340,000 in September 2021, which was around 15% below the average September 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

20 CHALKEITH ROAD Sold Prices

Land registry data shows two sales for 20 CHALKEITH ROAD 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 20 CHALKEITH ROAD 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
2021 24 SEP	£340,000	£398,993	15% below HPI
2000 15 SEP	£95,000	£136,452	30% below HPI

20 CHALKEITH ROAD 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 20 CHALKEITH ROAD sales from September 2000 and September 2021 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 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 20 CHALKEITH ROAD be worth now?

20 CHALKEITH ROAD might now be worth an estimated £388,431.

This is based on house price inflation of 14.2%, between September 2021 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for 20 CHALKEITH ROAD of £340,000 on 24th September 2021. For the value to have increased from £340,000 to £388,431 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 20 CHALKEITH ROAD has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 20 CHALKEITH ROAD has not materially changed since September 2021.

How Large is 20 CHALKEITH ROAD?

20 CHALKEITH ROAD is 107m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses houses by size in Needham Market, and where 20 CHALKEITH ROAD lies on this distribution: 48% of detached houses houses are smaller than 20 CHALKEITH ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

20 CHALKEITH ROAD: Plot and Title Map

20 CHALKEITH ROAD sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 20 CHALKEITH ROAD, 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 20 CHALKEITH ROAD). 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 20 CHALKEITH ROAD?

20 CHALKEITH ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 20 on CHALKEITH ROAD.