SANTOS, CHAPEL LANE, BELSTEAD, IPSWICH, IP8 3LR - £230,000

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

SANTOS is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £230,000 in August 2012, which was around 21% below the average August 2012 detached price in the Babergh local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

SANTOS Sold Prices

Land registry data shows three sales for SANTOS 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. Two of the three SANTOS sales were for below the average price, whilst one was 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
2012 29 AUG	£230,000	£291,306	21% below HPI
2006 27 OCT	£275,000	£272,952	1% above HPI
2001 28 SEP	£145,000	£159,720	9% below HPI

SANTOS 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 SANTOS sales between September 2001 and August 2012 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 October 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is SANTOS?

SANTOS is 83m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Belstead, based on EPC data. The below chart shows the distribution of detached houses by size in Belstead, and where SANTOS lies on this distribution: 3% of detached houses are smaller than SANTOS, and 97% of houses are larger. Note that EPC data is not available for all properties in Belstead.

SANTOS: Plot and Title Map

SANTOS sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of SANTOS, 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 SANTOS). 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 SANTOS?

SANTOS is located on CHAPEL LANE in BELSTEAD, in the IP8 postcode district. The below map shows the position of SANTOS on CHAPEL LANE.