SUMMER HOUSE, WHATFIELD ROAD, ELMSETT, IPSWICH, IP7 6LT - £365,000

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.

SUMMER HOUSE is a small extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £570,090. It was last sold for £365,000 in June 2014, which was around 16% above the average June 2014 detached price in the Babergh local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

SUMMER HOUSE Sold Prices

Land registry data shows four sales for SUMMER HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four SUMMER HOUSE 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
2014 2 JUN	£365,000	£313,412	16% above HPI
2006 20 OCT	£330,000	£279,095	18% above HPI
2004 6 AUG	£329,000	£246,924	33% above HPI
2000 6 OCT	£220,000	£142,710	54% above HPI

SUMMER 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 four SUMMER HOUSE sales between October 2000 and June 2014 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2014 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might SUMMER HOUSE be worth now?

SUMMER HOUSE might now be worth an estimated £570,090.

This is based on house price inflation of 56.2%, between June 2014 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 56.2% inflationary increase is applied to the most recent sale price for SUMMER HOUSE of £365,000 on 2nd June 2014. For the value to have increased from £365,000 to £570,090 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of SUMMER HOUSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The June 2014 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMER HOUSE has not materially changed since June 2014.

How Large is SUMMER HOUSE?

SUMMER HOUSE is 103m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Elmsett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmsett, and where SUMMER HOUSE lies on this distribution: 36% of detached houses houses are smaller than SUMMER HOUSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Elmsett.

SUMMER HOUSE: Plot and Title Map

SUMMER HOUSE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of SUMMER 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 SUMMER 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 SUMMER HOUSE?

SUMMER HOUSE is located on WHATFIELD ROAD in ELMSETT, in the IP7 postcode district. The below map shows the position of SUMMER HOUSE on WHATFIELD ROAD.