CHIMNEYS, BACK LANE, WASHBROOK, IPSWICH, IP8 3JA - £499,000

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

CHIMNEYS is a very large detached house of 193m², built sometime between 1996 and 2002. It was last sold for £499,000 in December 2016, which was around 29% above the average December 2016 detached price in the Babergh local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

CHIMNEYS Sold Prices

Land registry data shows three sales for CHIMNEYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three CHIMNEYS 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
2016 14 DEC	£499,000	£386,561	29% above HPI
2012 26 JAN	£400,000	£280,166	43% above HPI
2002 18 OCT	£315,000	£198,740	58% above HPI

CHIMNEYS 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 three CHIMNEYS sales between October 2002 and December 2016 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 January 2012 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is CHIMNEYS?

CHIMNEYS is 193m² according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Washbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Washbrook, and where CHIMNEYS lies on this distribution: 90% of detached houses are smaller than CHIMNEYS, and 10% of houses are larger. Note that EPC data is not available for all properties in Washbrook.

CHIMNEYS: Plot and Title Map

CHIMNEYS sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of CHIMNEYS, 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 CHIMNEYS). 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 CHIMNEYS?

CHIMNEYS is located on BACK LANE in WASHBROOK, in the IP8 postcode district. The below map shows the position of CHIMNEYS on BACK LANE.