THE WEEM, PIN MILL ROAD, CHELMONDISTON, IPSWICH, IP9 1JE - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE WEEM is a midsized extended semi-detached house of 123m², built sometime before 1900. It was last sold for £300,000 in August 2013, which was around 4% above the average August 2013 detached price in the Babergh local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

THE WEEM Sold Prices

Land registry data shows four sales for THE WEEM 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. two of the four THE WEEM sales were for above the average price, and four were for below 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
2013 16 AUG	£300,000	£289,527	4% above HPI
2007 16 FEB	£290,000	£279,855	4% above HPI
2004 20 AUG	£200,775	£241,489	17% below HPI
1998 31 JUL	£68,000	£102,504	34% below HPI

THE WEEM 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 THE WEEM sales between July 1998 and August 2013 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 February 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2013 sale, which was also at 4% above the HPI.

How Large is THE WEEM?

THE WEEM is 123m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Chelmondiston, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmondiston, and where THE WEEM lies on this distribution: 48% of detached houses are smaller than THE WEEM, and 52% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

THE WEEM: Plot and Title Map

THE WEEM sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of THE WEEM, 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 WEEM). 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 WEEM?

THE WEEM is located on PIN MILL ROAD in CHELMONDISTON, in the IP9 postcode district. The below map shows the position of THE WEEM on PIN MILL ROAD.