10, SMITHS PLACE, KESGRAVE, IPSWICH, IP5 2YR - £390,000

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 SMITHS PLACE is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £390,000 in May 2019, which was around 15% above the average May 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

10 SMITHS PLACE Sold Prices

Land registry data shows two sales for 10 SMITHS 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 10 SMITHS PLACE 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
2019 24 MAY	£390,000	£340,002	15% above HPI
1998 16 OCT	£113,500	£90,728	25% above HPI

10 SMITHS 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 10 SMITHS PLACE sales from October 1998 and May 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 October 1998 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 10 SMITHS PLACE?

10 SMITHS PLACE is 121m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 10 SMITHS PLACE lies on this distribution: 59% of detached houses are smaller than 10 SMITHS PLACE, and 41% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

10 SMITHS PLACE: Plot and Title Map

10 SMITHS PLACE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 10 SMITHS 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 10 SMITHS 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 10 SMITHS PLACE?

10 SMITHS PLACE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 10 on SMITHS PLACE.