2, HARTREE WAY, KESGRAVE, IPSWICH, IP5 2DY - £338,000

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 HARTREE WAY is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £338,000 in October 2017, which was around 2% below the average October 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

2 HARTREE WAY Sold Prices

Land registry data shows three sales for 2 HARTREE WAY 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 2 HARTREE WAY 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
2017 20 OCT	£338,000	£345,681	2% below HPI
2004 28 MAY	£205,000	£211,686	3% below HPI
2001 12 APR	£147,500	£128,622	15% above HPI

2 HARTREE WAY 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 HARTREE WAY sales between April 2001 and October 2017 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 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 HARTREE WAY?

2 HARTREE WAY is 103m² according to the EPC inspection conducted in December 2011. 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 2 HARTREE WAY lies on this distribution: 39% of detached houses are smaller than 2 HARTREE WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 HARTREE WAY: Plot and Title Map

2 HARTREE WAY sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 2 HARTREE WAY, 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 HARTREE WAY). 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 HARTREE WAY?

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