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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HARTREE WAY is a small detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £403,650. 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	£345,735	2% below HPI
2004 28 MAY	£205,000	£211,719	3% below HPI
2001 12 APR	£147,500	£128,642	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.

What might 2 HARTREE WAY be worth now?

2 HARTREE WAY might now be worth an estimated £403,650.

This is based on house price inflation of 19.4%, between October 2017 and December 2024, 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 19.4% inflationary increase is applied to the most recent sale price for 2 HARTREE WAY of £338,000 on 20th October 2017. For the value to have increased from £338,000 to £403,650 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 HARTREE WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2017 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HARTREE WAY has not materially changed since October 2017.

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 houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 2 HARTREE WAY lies on this distribution: 39% of detached houses 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.