CHERRY PLACE, RAYDON, IPSWICH, IP7 5LH - £660,000

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.

CHERRY PLACE is a very large extended detached house of 203m², built sometime before 1900, which could now be worth an estimated £646,987. It was last sold for £660,000 in November 2024, which was around 32% above the average November 2024 detached price in the Babergh local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

CHERRY PLACE Sold Prices

Land registry data shows four sales for CHERRY PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Most of the four CHERRY PLACE 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
2024 15 NOV	£660,000	£499,361	32% above HPI
2022 14 APR	£650,000	£481,542	35% above HPI
2017 22 JUN	£400,000	£406,651	2% below HPI
2011 5 SEP	£375,000	£290,365	29% above HPI

CHERRY PLACE 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 four CHERRY PLACE sales between September 2011 and November 2024 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 2022 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2024 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might CHERRY PLACE be worth now?

CHERRY PLACE might now be worth an estimated £646,987.

This is based on house price deflation of 2%, between November 2024 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 2% deflationary decrease is applied to the most recent sale price for CHERRY PLACE of £660,000 on 15th November 2024. For the value to have decreased from £660,000 to £646,987 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of CHERRY PLACE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The November 2024 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY PLACE has not materially changed since November 2024.

How Large is CHERRY PLACE?

CHERRY PLACE is 203m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses houses in Raydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raydon, and where CHERRY PLACE lies on this distribution: 86% of detached houses houses are smaller than CHERRY PLACE, and 14% of houses are larger. Note that EPC data is not available for all properties in Raydon.

CHERRY PLACE: Plot and Title Map

CHERRY PLACE sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of CHERRY PLACE, 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 CHERRY PLACE). 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 CHERRY PLACE?

CHERRY PLACE is located in RAYDON, in the IP7 postcode district. The below map shows the position of CHERRY PLACE in RAYDON.