10, GIPSY LANE, NEEDHAM MARKET, IPSWICH, IP6 8DY - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 GIPSY LANE is a very small extended terraced house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £234,003. It was last sold for £200,000 in March 2019, which was around 4% above the average March 2019 terraced price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

10 GIPSY LANE Sold Prices

Land registry data shows four sales for 10 GIPSY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Suffolk local authority area for the corresponding sale date. two of the four 10 GIPSY LANE sales were for above the average price, and four 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
2019 29 MAR	£200,000	£191,801	4% above HPI
2013 8 MAR	£142,000	£135,589	5% above HPI
2008 19 MAY	£142,000	£147,176	4% below HPI
2003 24 NOV	£102,000	£106,312	4% below HPI

10 GIPSY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 10 GIPSY LANE sales between November 2003 and March 2019 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 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 10 GIPSY LANE be worth now?

10 GIPSY LANE might now be worth an estimated £234,003.

This is based on house price inflation of 17%, between March 2019 and June 2025, for terraced houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 10 GIPSY LANE of £200,000 on 29th March 2019. For the value to have increased from £200,000 to £234,003 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 10 GIPSY LANE has moved in line with the HPI for terraced houses in the Mid Suffolk local authority area.
• The March 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GIPSY LANE has not materially changed since March 2019.

How Large is 10 GIPSY LANE?

10 GIPSY LANE is 64m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of terraced houses houses in Needham Market, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Needham Market, and where 10 GIPSY LANE lies on this distribution: 6% of terraced houses houses are smaller than 10 GIPSY LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

10 GIPSY LANE: Plot and Title Map

10 GIPSY LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 10 GIPSY 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 GIPSY 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 GIPSY LANE?

10 GIPSY LANE is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 10 on GIPSY LANE.