DERWENT HOUSE, MAIN ROAD, CHELMONDISTON, IPSWICH, IP9 1DY - £272,500

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.

DERWENT HOUSE is a small extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £316,826. It was last sold for £272,500 in September 2018, which was around 35% below the average September 2018 detached price in the Babergh local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

DERWENT HOUSE Sold Prices

Land registry data shows three sales for DERWENT HOUSE 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 DERWENT HOUSE 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
2018 3 SEP	£272,500	£421,029	35% below HPI
1996 18 OCT	£63,000	£89,033	29% below HPI
1996 23 JUL	£65,000	£87,352	26% below HPI

DERWENT HOUSE 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 DERWENT HOUSE sales between July 1996 and September 2018 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 October 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might DERWENT HOUSE be worth now?

DERWENT HOUSE might now be worth an estimated £316,826.

This is based on house price inflation of 16.3%, between September 2018 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 16.3% inflationary increase is applied to the most recent sale price for DERWENT HOUSE of £272,500 on 3rd September 2018. For the value to have increased from £272,500 to £316,826 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of DERWENT HOUSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The September 2018 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of DERWENT HOUSE has not materially changed since September 2018.

How Large is DERWENT HOUSE?

DERWENT HOUSE is 99m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% 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 DERWENT HOUSE lies on this distribution: 30% of detached houses houses are smaller than DERWENT HOUSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

DERWENT HOUSE: Plot and Title Map

DERWENT HOUSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of DERWENT HOUSE, 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 DERWENT HOUSE). 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 DERWENT HOUSE?

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