13, BARRETTS LANE, NEEDHAM MARKET, IPSWICH, IP6 8BZ - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 BARRETTS LANE is a small extended semi-detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £397,419. It was last sold for £330,000 in October 2018, which was around 40% above the average October 2018 semi-detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

13 BARRETTS LANE Sold Prices

Land registry data shows three sales for 13 BARRETTS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 13 BARRETTS LANE 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
2018 23 OCT	£330,000	£236,266	40% above HPI
2012 12 DEC	£210,000	£162,538	29% above HPI
2008 14 JAN	£250,000	£182,192	37% above HPI

13 BARRETTS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 13 BARRETTS LANE sales between January 2008 and October 2018 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 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2018 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 13 BARRETTS LANE be worth now?

13 BARRETTS LANE might now be worth an estimated £397,419.

This is based on house price inflation of 20.4%, between October 2018 and February 2025, for semi-detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 13 BARRETTS LANE of £330,000 on 23rd October 2018. For the value to have increased from £330,000 to £397,419 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 13 BARRETTS LANE has moved in line with the HPI for semi-detached houses in the Mid Suffolk local authority area.
• The October 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 13 BARRETTS LANE has not materially changed since October 2018.

How Large is 13 BARRETTS LANE?

13 BARRETTS LANE is 96m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of semi-detached houses houses in Needham Market, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Needham Market, and where 13 BARRETTS LANE lies on this distribution: 33% of semi-detached houses houses are smaller than 13 BARRETTS LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Needham Market.

13 BARRETTS LANE: Plot and Title Map

13 BARRETTS LANE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 13 BARRETTS 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 13 BARRETTS 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 13 BARRETTS LANE?

13 BARRETTS LANE is located in NEEDHAM MARKET, in the IP6 postcode district. The below map shows the position of No. 13 on BARRETTS LANE.