3, THE CHIPPINGS, ALDEBURGH, IP15 5LB - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 THE CHIPPINGS is a midsized detached house of 130m², built sometime between 1976 and 1982. It was last sold for £600,000 in January 2023, which was around 36% above the average January 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

3 THE CHIPPINGS Sold Prices

Land registry data shows two sales for 3 THE CHIPPINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 3 THE CHIPPINGS 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
2023 25 JAN	£600,000	£441,226	36% above HPI
2001 11 OCT	£225,000	£141,875	59% above HPI

3 THE CHIPPINGS 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 two 3 THE CHIPPINGS sales from October 2001 and January 2023 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 October 2001 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the January 2023 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 3 THE CHIPPINGS?

3 THE CHIPPINGS is 130m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Aldeburgh, and where 3 THE CHIPPINGS lies on this distribution: 50% of detached houses are smaller than 3 THE CHIPPINGS, and 49% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

3 THE CHIPPINGS: Plot and Title Map

3 THE CHIPPINGS sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 3 THE CHIPPINGS, 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 3 THE CHIPPINGS). 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 3 THE CHIPPINGS?

3 THE CHIPPINGS is located in ALDEBURGH, in the IP15 postcode district. The below map shows the position of No. 3 on THE CHIPPINGS.