WILLETT, SPRINGFIELD ROAD, ALDEBURGH, IP15 5JG - £525,000

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

WILLETT is a very small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £525,000 in July 2022, which was around 21% above the average July 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was B.

WILLETT Sold Prices

Land registry data shows four sales for WILLETT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four WILLETT 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
2022 21 JUL	£525,000	£433,680	21% above HPI
2017 29 SEP	£335,000	£345,448	3% below HPI
2001 9 JUL	£153,000	£130,926	17% above HPI
1996 9 DEC	£85,000	£77,874	9% above HPI

WILLETT Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four WILLETT sales between December 1996 and July 2022 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 September 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is WILLETT?

WILLETT is 86m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Aldeburgh, and where WILLETT lies on this distribution: 17% of detached houses are smaller than WILLETT, and 82% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

WILLETT: Plot and Title Map

WILLETT sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of WILLETT, 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 WILLETT). 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 WILLETT?

WILLETT is located on SPRINGFIELD ROAD in ALDEBURGH, in the IP15 postcode district. The below map shows the position of WILLETT on SPRINGFIELD ROAD.