2, WAINWRIGHT WAY, KESGRAVE, IPSWICH, IP5 2XG - £475,000

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 WAINWRIGHT WAY is a large detached house of 124m², built sometime between 1983 and 1990. It was last sold for £475,000 in January 2023, which was around 8% above the average January 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

2 WAINWRIGHT WAY Sold Prices

Land registry data shows three sales for 2 WAINWRIGHT 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 WAINWRIGHT WAY sales were for above the average price, whilst one was 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
2023 20 JAN	£475,000	£441,226	8% above HPI
2015 17 NOV	£345,000	£302,326	14% above HPI
2008 29 FEB	£237,500	£258,450	8% below HPI

2 WAINWRIGHT 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 WAINWRIGHT WAY sales between February 2008 and January 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 November 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 WAINWRIGHT WAY?

2 WAINWRIGHT WAY is 124m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% 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 WAINWRIGHT WAY lies on this distribution: 62% of detached houses are smaller than 2 WAINWRIGHT WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 WAINWRIGHT WAY: Plot and Title Map

2 WAINWRIGHT WAY sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 2 WAINWRIGHT 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 WAINWRIGHT 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 WAINWRIGHT WAY?

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