CHERRYBANK, CHURCH LANE, PLAYFORD, IPSWICH, IP6 9DS - £635,000

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.

CHERRYBANK is a small extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £637,078. It was last sold for £635,000 in December 2023, which was around 51% above the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was F, and the potential energy rating was C.

CHERRYBANK Sold Prices

Land registry data shows two sales for CHERRYBANK 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. Both of the two CHERRYBANK 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
2023 20 DEC	£635,000	£421,666	51% above HPI
2014 18 MAR	£410,000	£259,148	58% above HPI

CHERRYBANK 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 CHERRYBANK sales from March 2014 and December 2023 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 March 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2023 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might CHERRYBANK be worth now?

CHERRYBANK might now be worth an estimated £637,078.

This is based on house price inflation of 0.3%, between December 2023 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% inflationary increase is applied to the most recent sale price for CHERRYBANK of £635,000 on 20th December 2023. For the value to have increased from £635,000 to £637,078 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of CHERRYBANK has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2023 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRYBANK has not materially changed since December 2023.

How Large is CHERRYBANK?

CHERRYBANK is 148m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Playford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Playford, and where CHERRYBANK lies on this distribution: 32% of detached houses houses are smaller than CHERRYBANK, and 68% of houses are larger. Note that EPC data is not available for all properties in Playford.

CHERRYBANK: Plot and Title Map

CHERRYBANK sits on a plot of roughly 0.624 of an acre, or 2,526m². The below map shows the location of CHERRYBANK, 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 CHERRYBANK). 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 CHERRYBANK?

CHERRYBANK is located on CHURCH LANE in PLAYFORD, in the IP6 postcode district. The below map shows the position of CHERRYBANK on CHURCH LANE.