10, CASTLE LANE, OFFTON, IPSWICH, IP8 4RH - £435,000

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

10 CASTLE LANE is a very small detached house of 118m², built sometime between 2007 and 2011. It was last sold for £435,000 in September 2022, which was around 1% below the average September 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

10 CASTLE LANE Sold Prices

Land registry data shows three sales for 10 CASTLE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Two of the three 10 CASTLE LANE sales were for below the average price, whilst one was 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
2022 30 SEP	£435,000	£438,574	1% below HPI
2018 1 JUN	£348,000	£372,018	6% below HPI
2010 15 APR	£264,000	£259,600	2% above HPI

10 CASTLE LANE 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 three 10 CASTLE LANE sales between April 2010 and September 2022 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 June 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 10 CASTLE LANE?

10 CASTLE LANE is 118m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Offton, based on EPC data. The below chart shows the distribution of detached houses by size in Offton, and where 10 CASTLE LANE lies on this distribution: 15% of detached houses are smaller than 10 CASTLE LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Offton.

10 CASTLE LANE: Plot and Title Map

10 CASTLE LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 10 CASTLE 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 10 CASTLE 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 10 CASTLE LANE?

10 CASTLE LANE is located in OFFTON, in the IP8 postcode district. The below map shows the position of No. 10 on CASTLE LANE.