2, PEASEY GARDENS, KESGRAVE, IPSWICH, IP5 2GX - £495,000

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 PEASEY GARDENS is a very large extended detached house of 157m², built sometime between 2003 and 2006. It was last sold for £495,000 in August 2023, which was around 16% above the average August 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 PEASEY GARDENS Sold Prices

Land registry data shows three sales for 2 PEASEY GARDENS 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 PEASEY GARDENS 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
2023 29 AUG	£495,000	£426,969	16% above HPI
2011 31 MAR	£262,500	£246,949	6% above HPI
2005 3 FEB	£280,000	£225,682	24% above HPI

2 PEASEY GARDENS 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 PEASEY GARDENS sales between February 2005 and August 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 March 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 2 PEASEY GARDENS?

2 PEASEY GARDENS is 157m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% 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 PEASEY GARDENS lies on this distribution: 86% of detached houses are smaller than 2 PEASEY GARDENS, and 14% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 PEASEY GARDENS: Plot and Title Map

2 PEASEY GARDENS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 PEASEY GARDENS, 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 PEASEY GARDENS). 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 PEASEY GARDENS?

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