35, CHAINHOUSE ROAD, NEEDHAM MARKET, IPSWICH, IP6 8TB - £295,000

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

35 CHAINHOUSE ROAD is a large extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £295,000 in December 2016, which was around 15% below the average December 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

35 CHAINHOUSE ROAD Sold Prices

Land registry data shows two sales for 35 CHAINHOUSE 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 35 CHAINHOUSE 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
2016 5 DEC	£295,000	£345,883	15% below HPI
2006 15 DEC	£208,750	£258,039	19% below HPI

35 CHAINHOUSE 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 35 CHAINHOUSE ROAD sales from December 2006 and December 2016 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 35 CHAINHOUSE ROAD?

35 CHAINHOUSE ROAD is 121m², which includes four extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Needham Market, based on EPC data. The below chart shows the distribution of detached houses by size in Needham Market, and where 35 CHAINHOUSE ROAD lies on this distribution: 65% of detached houses are smaller than 35 CHAINHOUSE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

35 CHAINHOUSE ROAD: Plot and Title Map

35 CHAINHOUSE ROAD sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 35 CHAINHOUSE 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 35 CHAINHOUSE 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 35 CHAINHOUSE ROAD?

35 CHAINHOUSE ROAD is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 35 on CHAINHOUSE ROAD.