THE CHESTNUTS, LONG GREEN, WORTHAM, DISS, IP22 1RD - £855,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE CHESTNUTS is a very large extended detached house of 290m², built sometime between 1991 and 1995. It was last sold for £855,000 in October 2021, which was around 110% above the average October 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows three sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three THE CHESTNUTS 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
2021 25 OCT	£855,000	£406,742	110% above HPI
2016 9 DEC	£575,000	£345,883	66% above HPI
2001 16 AUG	£315,000	£141,359	123% above HPI

THE CHESTNUTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three THE CHESTNUTS sales between August 2001 and October 2021 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 December 2016 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2021 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 290m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses in Wortham, based on EPC data. The below chart shows the distribution of detached houses by size in Wortham, and where THE CHESTNUTS lies on this distribution: 98% of detached houses are smaller than THE CHESTNUTS, and 2% of houses are larger. Note that EPC data is not available for all properties in Wortham.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.473 of an acre, or 1,913m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on LONG GREEN in WORTHAM, in the IP22 postcode district. The below map shows the position of THE CHESTNUTS on LONG GREEN.