1, LOWER CONEY GROVE, OFFTON, IPSWICH, IP8 4RA - £422,500

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

1 LOWER CONEY GROVE is a midsized extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £422,500 in December 2020, which was around 7% above the average December 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

1 LOWER CONEY GROVE Sold Prices

Land registry data shows two sales for 1 LOWER CONEY GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 1 LOWER CONEY GROVE 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 16 DEC	£422,500	£394,807	7% above HPI
1999 20 DEC	£152,000	£113,828	34% above HPI

1 LOWER CONEY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 1 LOWER CONEY GROVE sales from December 1999 and December 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 December 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 LOWER CONEY GROVE?

1 LOWER CONEY GROVE is 143m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% of detached houses in Offton, based on EPC data. The below chart shows the distribution of detached houses by size in Offton, and where 1 LOWER CONEY GROVE lies on this distribution: 44% of detached houses are smaller than 1 LOWER CONEY GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Offton.

1 LOWER CONEY GROVE: Plot and Title Map

1 LOWER CONEY GROVE sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of 1 LOWER CONEY GROVE, 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 LOWER CONEY GROVE). 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 LOWER CONEY GROVE?

1 LOWER CONEY GROVE is located in OFFTON, in the IP8 postcode district. The below map shows the position of No. 1 on LOWER CONEY GROVE.