5, SOMERVILLE LEA, ALDEBURGH, IP15 5LH - £325,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 SOMERVILLE LEA is a very small semi-detached house of 76m², built sometime between 1996 and 2002. It was last sold for £325,000 in May 2013, which was around 29% above the average May 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

5 SOMERVILLE LEA Sold Prices

Land registry data shows three sales for 5 SOMERVILLE LEA 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 5 SOMERVILLE LEA 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
2013 15 MAY	£325,000	£251,653	29% above HPI
2000 1 SEP	£146,000	£119,747	22% above HPI
1999 25 JUN	£94,000	£93,324	1% above HPI

5 SOMERVILLE LEA 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 5 SOMERVILLE LEA sales between June 1999 and May 2013 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2013 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 SOMERVILLE LEA?

5 SOMERVILLE LEA is 76m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% 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 SOMERVILLE LEA lies on this distribution: 9% of detached houses are smaller than 5 SOMERVILLE LEA, and 90% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

5 SOMERVILLE LEA: Plot and Title Map

5 SOMERVILLE LEA sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 5 SOMERVILLE LEA, 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 SOMERVILLE LEA). 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 SOMERVILLE LEA?

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