2, OLDFIELD ROAD, IPSWICH, IP8 3SE - £227,500

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 OLDFIELD ROAD is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £227,500 in June 2014, which was around 26% below the average June 2014 detached price in the Babergh local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

2 OLDFIELD ROAD Sold Prices

Land registry data shows three sales for 2 OLDFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 2 OLDFIELD ROAD 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
2014 2 JUN	£227,500	£306,513	26% below HPI
2010 21 MAY	£180,000	£270,985	34% below HPI
2007 12 OCT	£208,000	£300,368	31% below HPI

2 OLDFIELD ROAD 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 three 2 OLDFIELD ROAD sales between October 2007 and June 2014 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 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 OLDFIELD ROAD?

2 OLDFIELD ROAD is 95m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 2 OLDFIELD ROAD lies on this distribution: 29% of detached houses are smaller than 2 OLDFIELD ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 OLDFIELD ROAD: Plot and Title Map

2 OLDFIELD ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 OLDFIELD ROAD, 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 OLDFIELD ROAD). 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 OLDFIELD ROAD?

2 OLDFIELD ROAD is located in IPSWICH, in the IP8 postcode district. The below map shows the position of No. 2 on OLDFIELD ROAD.