2, GRANTCHESTER PLACE, KESGRAVE, IPSWICH, IP5 1BP - £302,000

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

2 GRANTCHESTER PLACE is a very small detached house of 50m², built sometime between 1996 and 2002. It was last sold for £302,000 in June 2023, which was around 27% below the average June 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 GRANTCHESTER PLACE Sold Prices

Land registry data shows three sales for 2 GRANTCHESTER PLACE 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. All of the three 2 GRANTCHESTER PLACE 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
2023 8 JUN	£302,000	£414,165	27% below HPI
2015 2 JAN	£123,032	£282,606	56% below HPI
2005 5 JUL	£165,000	£223,310	26% below HPI

2 GRANTCHESTER PLACE 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 2 GRANTCHESTER PLACE sales between July 2005 and June 2023 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 January 2015 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 GRANTCHESTER PLACE?

2 GRANTCHESTER PLACE is 50m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 2 GRANTCHESTER PLACE lies on this distribution: 1% of detached houses are smaller than 2 GRANTCHESTER PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 GRANTCHESTER PLACE: Plot and Title Map

2 GRANTCHESTER PLACE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 GRANTCHESTER PLACE, 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 GRANTCHESTER PLACE). 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 GRANTCHESTER PLACE?

2 GRANTCHESTER PLACE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 2 on GRANTCHESTER PLACE.