1, GRANTCHESTER PLACE, KESGRAVE, IPSWICH, IP5 1BP - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GRANTCHESTER PLACE is a very small semi-detached house of 48m², built sometime between 1991 and 1995. It was last sold for £205,000 in July 2015, which was around 31% below the average July 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

1 GRANTCHESTER PLACE Sold Prices

Land registry data shows two sales for 1 GRANTCHESTER PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 GRANTCHESTER PLACE sales 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
2015 16 JUL	£205,000	£296,792	31% below HPI
1997 26 AUG	£62,500	£83,677	25% below HPI

1 GRANTCHESTER PLACE 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 two 1 GRANTCHESTER PLACE sales from August 1997 and July 2015 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 August 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 GRANTCHESTER PLACE?

1 GRANTCHESTER PLACE is 48m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 1 GRANTCHESTER PLACE lies on this distribution: Less than 1% of detached houses are smaller than 1 GRANTCHESTER PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

1 GRANTCHESTER PLACE: Plot and Title Map

1 GRANTCHESTER PLACE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 1 GRANTCHESTER PLACE, 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 1 GRANTCHESTER PLACE). 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 1 GRANTCHESTER PLACE?

1 GRANTCHESTER PLACE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 1 on GRANTCHESTER PLACE.