RIVER VIEW, PINMILL, IPSWICH, IP9 1JS - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RIVER VIEW is a very small detached house of 48m², built sometime before 1900, which could now be worth an estimated £509,867. It was last sold for £360,000 in July 2015, which was around 4% above the average July 2015 detached price in the Babergh local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was C.

RIVER VIEW Sold Prices

Land registry data shows three sales for RIVER VIEW 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 RIVER VIEW 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
2015 3 JUL	£360,000	£345,630	4% above HPI
2006 16 MAY	£280,000	£258,562	8% above HPI
2002 8 NOV	£250,000	£204,175	22% above HPI

RIVER VIEW 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 RIVER VIEW sales between November 2002 and July 2015 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 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might RIVER VIEW be worth now?

RIVER VIEW might now be worth an estimated £509,867.

This is based on house price inflation of 41.6%, between July 2015 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 41.6% inflationary increase is applied to the most recent sale price for RIVER VIEW of £360,000 on 3rd July 2015. For the value to have increased from £360,000 to £509,867 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of RIVER VIEW has moved in line with the HPI for detached houses in the Babergh local authority area.
• The July 2015 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of RIVER VIEW has not materially changed since July 2015.

How Large is RIVER VIEW?

RIVER VIEW is 48m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 RIVER VIEW lies on this distribution: 2% of detached houses houses are smaller than RIVER VIEW, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

RIVER VIEW: Plot and Title Map

RIVER VIEW sits on a plot of roughly 0.230 of an acre, or 929m². The below map shows the location of RIVER VIEW, 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 RIVER VIEW). 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 RIVER VIEW?

RIVER VIEW is located in PINMILL, in the IP9 postcode district. The below map shows the position of RIVER VIEW in PINMILL.