12, NEWLANDS, ELMSETT, IPSWICH, IP7 6NZ - £280,000

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

12 NEWLANDS is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £280,000 in March 2017, which was around 27% below the average March 2017 detached price in the Babergh local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

12 NEWLANDS Sold Prices

Land registry data shows two sales for 12 NEWLANDS 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 12 NEWLANDS 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
2017 17 MAR	£280,000	£382,306	27% below HPI
2015 23 JAN	£247,000	£325,107	24% below HPI

12 NEWLANDS 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 12 NEWLANDS sales from January 2015 and March 2017 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 January 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 NEWLANDS?

12 NEWLANDS is 70m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Elmsett, based on EPC data. The below chart shows the distribution of detached houses by size in Elmsett, and where 12 NEWLANDS lies on this distribution: 4% of detached houses are smaller than 12 NEWLANDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Elmsett.

12 NEWLANDS: Plot and Title Map

12 NEWLANDS sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 12 NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

12 NEWLANDS is located in ELMSETT, in the IP7 postcode district. The below map shows the position of No. 12 on NEWLANDS.