2, WELLESLEY ROAD, IPSWICH, IP4 1PP - £333,000

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 WELLESLEY ROAD is a small extended detached house of 97m², built sometime before 1900. It was last sold for £333,000 in February 2023, which was around 19% below the average February 2023 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

2 WELLESLEY ROAD Sold Prices

Land registry data shows four sales for 2 WELLESLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the four 2 WELLESLEY 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
2023 15 FEB	£333,000	£411,017	19% below HPI
2019 17 MAY	£250,000	£338,764	26% below HPI
2009 21 AUG	£187,000	£205,593	9% below HPI
2003 29 SEP	£120,000	£201,096	40% below HPI

2 WELLESLEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 2 WELLESLEY ROAD sales between September 2003 and February 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 May 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 WELLESLEY ROAD?

2 WELLESLEY ROAD is 97m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 WELLESLEY ROAD lies on this distribution: 32% of detached houses are smaller than 2 WELLESLEY ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 WELLESLEY ROAD: Plot and Title Map

2 WELLESLEY ROAD sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 2 WELLESLEY 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 WELLESLEY 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 WELLESLEY ROAD?

2 WELLESLEY ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 2 on WELLESLEY ROAD.