18, REEVE GARDENS, KESGRAVE, IPSWICH, IP5 2FG - £251,000

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

18 REEVE GARDENS is a small extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £251,000 in September 2015, which was around 17% below the average September 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

18 REEVE GARDENS Sold Prices

Land registry data shows three sales for 18 REEVE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 18 REEVE GARDENS sales were for below the average price, whilst one was 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
2015 4 SEP	£251,000	£301,956	17% below HPI
2003 16 OCT	£185,495	£197,051	6% below HPI
1998 15 OCT	£94,000	£90,728	4% above HPI

18 REEVE GARDENS 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 three 18 REEVE GARDENS sales between October 1998 and September 2015 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 October 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 REEVE GARDENS?

18 REEVE GARDENS is 99m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 18 REEVE GARDENS lies on this distribution: 34% of detached houses are smaller than 18 REEVE GARDENS, and 65% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

18 REEVE GARDENS: Plot and Title Map

18 REEVE GARDENS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 18 REEVE GARDENS, 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 18 REEVE GARDENS). 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 18 REEVE GARDENS?

18 REEVE GARDENS is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 18 on REEVE GARDENS.