2, OAK GROVE, SPROUGHTON, IPSWICH, IP8 3EW - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OAK GROVE is a very large extended detached house of 178m², built sometime between 1996 and 2002. It was last sold for £310,000 in August 2011, which was around 10% above the average August 2011 detached price in the Babergh local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

2 OAK GROVE Sold Prices

Land registry data shows two sales for 2 OAK GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 2 OAK GROVE sales were 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
2011 19 AUG	£310,000	£282,048	10% above HPI
1999 25 OCT	£175,290	£120,305	46% above HPI

2 OAK GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 2 OAK GROVE sales from October 1999 and August 2011 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 1999 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2011 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 OAK GROVE?

2 OAK GROVE is 178m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Sproughton, based on EPC data. The below chart shows the distribution of detached houses by size in Sproughton, and where 2 OAK GROVE lies on this distribution: 90% of detached houses are smaller than 2 OAK GROVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Sproughton.

2 OAK GROVE: Plot and Title Map

2 OAK GROVE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 2 OAK GROVE, 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 OAK GROVE). 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 OAK GROVE?

2 OAK GROVE is located in SPROUGHTON, in the IP8 postcode district. The below map shows the position of No. 2 on OAK GROVE.