5, SILVER DRIVE, ALDEBURGH, IP15 5JZ - £335,000

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

5 SILVER DRIVE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £335,000 in April 2019, which was around 1% below the average April 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 SILVER DRIVE Sold Prices

Land registry data shows two sales for 5 SILVER DRIVE 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. One of the two 5 SILVER DRIVE sales was for below the average price, whilst the other was 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
2019 18 APR	£335,000	£339,832	1% below HPI
1995 24 APR	£82,000	£76,374	7% above HPI

5 SILVER DRIVE 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 5 SILVER DRIVE sales from April 1995 and April 2019 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 April 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 SILVER DRIVE?

5 SILVER DRIVE is 80m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Aldeburgh, and where 5 SILVER DRIVE lies on this distribution: 12% of detached houses are smaller than 5 SILVER DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

5 SILVER DRIVE: Plot and Title Map

5 SILVER DRIVE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 5 SILVER DRIVE, 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 5 SILVER DRIVE). 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 5 SILVER DRIVE?

5 SILVER DRIVE is located in ALDEBURGH, in the IP15 postcode district. The below map shows the position of No. 5 on SILVER DRIVE.