ELLERHAYES, CHAPEL ROAD, OTLEY, IPSWICH, IP6 9NT - £430,000

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

ELLERHAYES is a midsized extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £430,000 in December 2019, which was around 21% above the average December 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

ELLERHAYES Sold Prices

Land registry data shows two sales for ELLERHAYES 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 ELLERHAYES 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
2019 20 DEC	£430,000	£355,140	21% above HPI
1998 25 JUN	£123,000	£87,213	41% above HPI

ELLERHAYES 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 ELLERHAYES sales from June 1998 and December 2019 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 June 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is ELLERHAYES?

ELLERHAYES is 140m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where ELLERHAYES lies on this distribution: 46% of detached houses are smaller than ELLERHAYES, and 54% of houses are larger. Note that EPC data is not available for all properties in Otley.

ELLERHAYES: Plot and Title Map

ELLERHAYES sits on a plot of roughly 0.287 of an acre, or 1,162m². The below map shows the location of ELLERHAYES, 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 ELLERHAYES). 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 ELLERHAYES?

ELLERHAYES is located on CHAPEL ROAD in OTLEY, in the IP6 postcode district. The below map shows the position of ELLERHAYES on CHAPEL ROAD.