JASMINE VILLA, CHAPEL ROAD, OTLEY, IPSWICH, IP6 9NX - £375,000

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

JASMINE VILLA is a small extended detached house of 121m², built sometime before 1900. It was last sold for £375,000 in November 2019, which was around 7% above the average November 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

JASMINE VILLA Sold Prices

Land registry data shows four sales for JASMINE VILLA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four JASMINE VILLA 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 29 NOV	£375,000	£352,095	7% above HPI
2016 18 MAY	£350,000	£307,292	14% above HPI
2006 15 AUG	£240,000	£235,518	2% above HPI
2002 13 DEC	£179,500	£175,252	2% above HPI

JASMINE VILLA 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 four JASMINE VILLA sales between December 2002 and November 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 May 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is JASMINE VILLA?

JASMINE VILLA is 121m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where JASMINE VILLA lies on this distribution: 31% of detached houses are smaller than JASMINE VILLA, and 69% of houses are larger. Note that EPC data is not available for all properties in Otley.

JASMINE VILLA: Plot and Title Map

JASMINE VILLA sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of JASMINE VILLA, 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 JASMINE VILLA). 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 JASMINE VILLA?

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