OAK LODGE, HILL FARM LANE, CHELMONDISTON, IPSWICH, IP9 1JU - £820,000

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.

OAK LODGE is a very large detached house of 261m², built sometime between 1983 and 1990, which could now be worth an estimated £816,909. It was last sold for £820,000 in October 2024, which was around 67% above the average October 2024 detached price in the Babergh local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

OAK LODGE Sold Prices

Land registry data shows two sales for OAK LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two OAK LODGE 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
2024 21 OCT	£820,000	£491,367	67% above HPI
2006 21 NOV	£569,000	£280,297	103% above HPI

OAK LODGE 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 two OAK LODGE sales from November 2006 and October 2024 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 November 2006 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the October 2024 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might OAK LODGE be worth now?

OAK LODGE might now be worth an estimated £816,909.

This is based on house price deflation of 0.4%, between October 2024 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 0.4% deflationary decrease is applied to the most recent sale price for OAK LODGE of £820,000 on 21st October 2024. For the value to have decreased from £820,000 to £816,909 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of OAK LODGE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2024 sale price of £820,000 represented a fair market value for the property.
• The size, condition, and specification of OAK LODGE has not materially changed since October 2024.

How Large is OAK LODGE?

OAK LODGE is 261m² according to the EPC inspection conducted in December 2019. This puts it in the largest 10% 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 OAK LODGE lies on this distribution: 93% of detached houses houses are smaller than OAK LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.577 of an acre, or 2,337m². The below map shows the location of OAK LODGE, 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 OAK LODGE). 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 OAK LODGE?

OAK LODGE is located on HILL FARM LANE in CHELMONDISTON, in the IP9 postcode district. The below map shows the position of OAK LODGE on HILL FARM LANE.