2, THE MALTINGS, KIRTON, IPSWICH, IP10 0GB - £915,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE MALTINGS is a very large extended detached house of 247m², built sometime between 2007 and 2011, which could now be worth an estimated £876,971. It was last sold for £915,000 in December 2022, which was around 107% above the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 THE MALTINGS Sold Prices

Land registry data shows four sales for 2 THE MALTINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 2 THE MALTINGS 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
2022 20 DEC	£915,000	£441,391	107% above HPI
2018 19 DEC	£769,000	£358,682	114% above HPI
2012 6 JUL	£550,000	£250,626	119% above HPI
2006 12 DEC	£575,000	£241,238	138% above HPI

2 THE MALTINGS 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 four 2 THE MALTINGS sales between December 2006 and December 2022 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 December 2018 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the December 2022 sale, where it falls to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 2 THE MALTINGS be worth now?

2 THE MALTINGS might now be worth an estimated £876,971.

This is based on house price deflation of 4.2%, between December 2022 and February 2025, 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 4.2% deflationary decrease is applied to the most recent sale price for 2 THE MALTINGS of £915,000 on 20th December 2022. For the value to have decreased from £915,000 to £876,971 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 THE MALTINGS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2022 sale price of £915,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MALTINGS has not materially changed since December 2022.

How Large is 2 THE MALTINGS?

2 THE MALTINGS is 247m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirton, and where 2 THE MALTINGS lies on this distribution: 97% of detached houses houses are smaller than 2 THE MALTINGS, and 3% of houses are larger. Note that EPC data is not available for all properties in Kirton.

2 THE MALTINGS: Plot and Title Map

2 THE MALTINGS sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of 2 THE MALTINGS, 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 THE MALTINGS). 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 THE MALTINGS?

2 THE MALTINGS is located in KIRTON, in the IP10 postcode district. The below map shows the position of No. 2 on THE MALTINGS.