CHERITH, MAIN ROAD, CHELMONDISTON, IPSWICH, IP9 1DX - £325,000

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.

CHERITH is a very small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £372,101. It was last sold for £325,000 in October 2020, which was around 24% below the average October 2020 detached price in the Babergh local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

CHERITH Sold Prices

Land registry data shows two sales for CHERITH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two CHERITH 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
2020 5 OCT	£325,000	£427,552	24% below HPI
2001 10 JUL	£120,000	£155,232	23% below HPI

CHERITH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two CHERITH sales from July 2001 and October 2020 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 July 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might CHERITH be worth now?

CHERITH might now be worth an estimated £372,101.

This is based on house price inflation of 14.5%, between October 2020 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.5% inflationary increase is applied to the most recent sale price for CHERITH of £325,000 on 5th October 2020. For the value to have increased from £325,000 to £372,101 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of CHERITH has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of CHERITH has not materially changed since October 2020.

How Large is CHERITH?

CHERITH is 87m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses houses in Chelmondiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmondiston, and where CHERITH lies on this distribution: 20% of detached houses houses are smaller than CHERITH, and 80% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

CHERITH: Plot and Title Map

CHERITH sits on a plot of roughly 0.239 of an acre, or 969m². The below map shows the location of CHERITH, 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 CHERITH). 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 CHERITH?

CHERITH is located on MAIN ROAD in CHELMONDISTON, in the IP9 postcode district. The below map shows the position of CHERITH on MAIN ROAD.