2, CASTLE LANE, OFFTON, IPSWICH, IP8 4RH - £365,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 CASTLE LANE is a small extended semi-detached house of 128m², built sometime between 1950 and 1966. It was last sold for £365,000 in June 2018, which was around 2% below the average June 2018 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

2 CASTLE LANE Sold Prices

Land registry data shows four sales for 2 CASTLE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four 2 CASTLE LANE 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
2018 28 JUN	£365,000	£372,018	2% below HPI
2012 6 MAR	£222,000	£254,450	13% below HPI
2009 30 SEP	£80,000	£241,871	67% below HPI
1996 23 FEB	£55,500	£77,574	28% below HPI

2 CASTLE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four 2 CASTLE LANE sales between February 1996 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 March 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 CASTLE LANE?

2 CASTLE LANE is 128m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses in Offton, based on EPC data. The below chart shows the distribution of detached houses by size in Offton, and where 2 CASTLE LANE lies on this distribution: 36% of detached houses are smaller than 2 CASTLE LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Offton.

2 CASTLE LANE: Plot and Title Map

2 CASTLE LANE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 2 CASTLE 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 2 CASTLE 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 2 CASTLE LANE?

2 CASTLE LANE is located in OFFTON, in the IP8 postcode district. The below map shows the position of No. 2 on CASTLE LANE.