2, SILVER DRIVE, ALDEBURGH, IP15 5JY - £435,000

2 SILVER DRIVE is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £435,000 in June 2021, which was around 14% above the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 SILVER DRIVE Sold Prices

Land registry data shows four sales for 2 SILVER DRIVE 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 2 SILVER DRIVE 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 29 JUN	£435,000	£380,524	14% above HPI
2018 13 MAR	£425,000	£339,832	25% above HPI
2015 8 OCT	£278,000	£302,168	8% below HPI
2003 24 MAR	£189,500	£183,731	3% above HPI

2 SILVER DRIVE 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 SILVER DRIVE sales between March 2003 and June 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 March 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 SILVER DRIVE?

2 SILVER DRIVE is 102m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Aldeburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Aldeburgh, and where 2 SILVER DRIVE lies on this distribution: 32% of detached houses are smaller than 2 SILVER DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Aldeburgh.

2 SILVER DRIVE: Plot and Title Map

2 SILVER DRIVE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 2 SILVER DRIVE, 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 SILVER DRIVE). 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 SILVER DRIVE?

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