FLEET HOUSE, MAIN ROAD, CHELMONDISTON, IPSWICH, IP9 1DY - £330,000

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

FLEET HOUSE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £330,000 in October 2021, which was around 26% below the average October 2021 detached price in the Babergh local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

FLEET HOUSE Sold Prices

Land registry data shows three sales for FLEET 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 FLEET 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
2021 15 OCT	£330,000	£445,883	26% below HPI
2015 4 SEP	£240,000	£339,823	29% below HPI
1998 3 JUL	£92,000	£102,504	10% below HPI

FLEET 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 FLEET HOUSE sales between July 1998 and October 2021 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 September 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is FLEET HOUSE?

FLEET HOUSE is 84m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Chelmondiston, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmondiston, and where FLEET HOUSE lies on this distribution: 17% of detached houses are smaller than FLEET HOUSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

FLEET HOUSE: Plot and Title Map

FLEET HOUSE sits on a plot of roughly 0.074 of an acre, or 297m². The below map shows the location of FLEET 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 FLEET 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 FLEET HOUSE?

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