16, FRIENDS WALK, KESGRAVE, IPSWICH, IP5 2FH - £377,000

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.

16 FRIENDS WALK is a large detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £456,214. It was last sold for £377,000 in June 2018, which was around 8% above the average June 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

16 FRIENDS WALK Sold Prices

Land registry data shows four sales for 16 FRIENDS WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 16 FRIENDS WALK 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 8 JUN	£377,000	£350,527	8% above HPI
2015 5 MAY	£330,000	£291,660	13% above HPI
2001 6 JUL	£194,950	£130,946	49% above HPI
1997 27 MAR	£129,950	£78,993	65% above HPI

16 FRIENDS WALK 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 four 16 FRIENDS WALK sales between March 1997 and June 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 May 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 FRIENDS WALK be worth now?

16 FRIENDS WALK might now be worth an estimated £456,214.

This is based on house price inflation of 21%, between June 2018 and March 2025, 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 21% inflationary increase is applied to the most recent sale price for 16 FRIENDS WALK of £377,000 on 8th June 2018. For the value to have increased from £377,000 to £456,214 over the seven years and three months to March 2025, the following assumptions must hold true:

• The value of 16 FRIENDS WALK has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2018 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FRIENDS WALK has not materially changed since June 2018.

How Large is 16 FRIENDS WALK?

16 FRIENDS WALK is 130m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 16 FRIENDS WALK lies on this distribution: 68% of detached houses houses are smaller than 16 FRIENDS WALK, and 32% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

16 FRIENDS WALK: Plot and Title Map

16 FRIENDS WALK sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 16 FRIENDS WALK, 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 16 FRIENDS WALK). 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 16 FRIENDS WALK?

16 FRIENDS WALK is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 16 on FRIENDS WALK.