15, THE GARRARDS, KESGRAVE, IPSWICH, IP5 2HF - £395,000

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

15 THE GARRARDS is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £369,492. It was last sold for £395,000 in December 2022, which was around 11% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

15 THE GARRARDS Sold Prices

Land registry data shows two sales for 15 THE GARRARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 15 THE GARRARDS 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
2022 16 DEC	£395,000	£441,391	11% below HPI
2007 15 MAR	£235,995	£246,753	4% below HPI

15 THE GARRARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 15 THE GARRARDS sales from March 2007 and December 2022 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 March 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 15 THE GARRARDS be worth now?

15 THE GARRARDS might now be worth an estimated £369,492.

This is based on house price deflation of 6.5%, between December 2022 and December 2024, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% deflationary decrease is applied to the most recent sale price for 15 THE GARRARDS of £395,000 on 16th December 2022. For the value to have decreased from £395,000 to £369,492 over the two years to December 2024, the following assumptions must hold true:

• The value of 15 THE GARRARDS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE GARRARDS has not materially changed since December 2022.

How Large is 15 THE GARRARDS?

15 THE GARRARDS is 91m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 15 THE GARRARDS lies on this distribution: 25% of detached houses houses are smaller than 15 THE GARRARDS, and 74% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

15 THE GARRARDS: Plot and Title Map

15 THE GARRARDS sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 15 THE GARRARDS, 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 15 THE GARRARDS). 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 15 THE GARRARDS?

15 THE GARRARDS is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 15 on THE GARRARDS.