12, HEATH LANE, IPSWICH, IP4 5RR - £171,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 HEATH LANE is a midsized extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £171,000 in March 2004, which was around 15% below the average March 2004 detached price in the Ipswich local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

12 HEATH LANE Sold Prices

Land registry data shows two sales for 12 HEATH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 12 HEATH LANE 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
2004 23 MAR	£171,000	£202,244	15% below HPI
1997 12 DEC	£77,995	£81,019	4% below HPI

12 HEATH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 12 HEATH LANE sales from December 1997 and March 2004 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 December 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2004 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 HEATH LANE?

12 HEATH LANE is 119m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 12 HEATH LANE lies on this distribution: 57% of detached houses are smaller than 12 HEATH LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

12 HEATH LANE: Plot and Title Map

12 HEATH LANE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 12 HEATH 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 12 HEATH 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 12 HEATH LANE?

12 HEATH LANE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 12 on HEATH LANE.