Cherrywood The Tye

    CHERRYWOOD, THE TYE, KERSEY, IPSWICH, IP7 6HB

    This detached freehold property on The Tye last sold in January 2020 for £450,000. Based on price growth in the IP7 district since then, its estimated current value is £514,312 — placing it in the 80th percentile nationally and the 76th percentile within IP7. The property covers 115 m² (1,238 sq ft), giving an estimated value of £4,472 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £450,000

    Jan 2020

    Estimated Valuation

    £514,312

    Est. £/sq ft

    £415/sq ft

    £4,472/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area1,238 sq ft (115 m²)
    EPC dateOct 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    10 Jan 2020

    £450,000

    Key Metrics

    Estimated valuation£514,312
    Value per sq ft / m²£415/sq ft (£4,472/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP7 district percentile76th percentile
    National percentile80th percentile

    District Context — IP7

    IP7 covers the mid-Suffolk area, positioned between Norwich and the central market towns of the region. It is a predominantly rural district with a settled, older demographic and a focus on established residential communities.

    Average Property Price - IP7

    £418,974

    70

    National percentile

    Average Net Household Income - IP7

    £41,537

    64

    National percentile

    10-Year Annualised Price Growth - IP7

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP7

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