2, CABLE LANE, ALDEBURGH, IP15 5LP - £575,000

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.

2 CABLE LANE is a small extended detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £628,627. It was last sold for £575,000 in October 2020, which was around 54% above the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

2 CABLE LANE Sold Prices

Land registry data shows four sales for 2 CABLE LANE 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. All of the four 2 CABLE LANE 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
2020 30 OCT	£575,000	£373,189	54% above HPI
2009 2 OCT	£380,000	£236,404	61% above HPI
2005 28 OCT	£326,000	£227,243	43% above HPI
1998 12 OCT	£120,000	£90,742	32% above HPI

2 CABLE LANE 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 2 CABLE LANE sales between October 1998 and October 2020 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 2009 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 2 CABLE LANE be worth now?

2 CABLE LANE might now be worth an estimated £628,627.

This is based on house price inflation of 9.3%, between October 2020 and May 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for 2 CABLE LANE of £575,000 on 30th October 2020. For the value to have increased from £575,000 to £628,627 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 2 CABLE LANE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CABLE LANE has not materially changed since October 2020.

How Large is 2 CABLE LANE?

2 CABLE LANE is 97m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aldeburgh, and where 2 CABLE LANE lies on this distribution: 27% of detached houses houses are smaller than 2 CABLE LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

2 CABLE LANE: Plot and Title Map

2 CABLE LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 CABLE LANE, 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 2 CABLE LANE). 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 2 CABLE LANE?

2 CABLE LANE is located in ALDEBURGH, in the IP15 postcode district. The below map shows the position of No. 2 on CABLE LANE.