11, GREENSPIRE GROVE, PINEWOOD, IPSWICH, IP8 3SZ - £177,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 GREENSPIRE GROVE is a small extended detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £376,760. It was last sold for £177,000 in October 2003, which was around 23% below the average October 2003 detached price in the Babergh local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

11 GREENSPIRE GROVE Sold Prices

Land registry data shows two sales for 11 GREENSPIRE 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 Babergh local authority area for the corresponding sale date. Both of the two 11 GREENSPIRE GROVE 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
2003 10 OCT	£177,000	£229,972	23% below HPI
1997 31 OCT	£79,950	£102,252	22% below HPI

11 GREENSPIRE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 11 GREENSPIRE GROVE sales from October 1997 and October 2003 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 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2003 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 11 GREENSPIRE GROVE be worth now?

11 GREENSPIRE GROVE might now be worth an estimated £376,760.

This is based on house price inflation of 112.9%, between October 2003 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 112.9% inflationary increase is applied to the most recent sale price for 11 GREENSPIRE GROVE of £177,000 on 10th October 2003. For the value to have increased from £177,000 to £376,760 over the 22 years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 GREENSPIRE GROVE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2003 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GREENSPIRE GROVE has not materially changed since October 2003.

How Large is 11 GREENSPIRE GROVE?

11 GREENSPIRE GROVE is 91m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 11 GREENSPIRE GROVE lies on this distribution: 25% of detached houses houses are smaller than 11 GREENSPIRE GROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

11 GREENSPIRE GROVE: Plot and Title Map

11 GREENSPIRE GROVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 11 GREENSPIRE 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 11 GREENSPIRE 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 11 GREENSPIRE GROVE?

11 GREENSPIRE GROVE is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 11 on GREENSPIRE GROVE.