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
118 VALLEY ROAD is a very large extended detached house of 159m², built sometime between 1930 and 1949. It was last sold for £370,000 in January 2015, which was around 40% above the average January 2015 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 118 VALLEY ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the four 118 VALLEY ROAD 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 |
---|---|---|---|
2015 8 JAN | £370,000 | £263,668 | 40% above HPI |
2009 10 JUL | £303,000 | £202,061 | 50% above HPI |
2004 16 SEP | £307,000 | £224,112 | 37% above HPI |
1997 5 FEB | £100,000 | £77,286 | 29% above HPI |
The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 118 VALLEY ROAD sales between February 1997 and January 2015 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 July 2009 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.
118 VALLEY ROAD is 159m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 118 VALLEY ROAD lies on this distribution: 82% of detached houses are smaller than 118 VALLEY ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
118 VALLEY ROAD sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 118 VALLEY ROAD, 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 118 VALLEY ROAD). 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.
118 VALLEY ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 118 on VALLEY ROAD.