20, GROVE LANE, IPSWICH, IP4 1NR - £220,000

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

20 GROVE LANE is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £220,000 in September 2018, which was around 37% below the average September 2018 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

20 GROVE LANE Sold Prices

Land registry data shows two sales for 20 GROVE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 20 GROVE LANE 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
2018 25 SEP	£220,000	£349,742	37% below HPI
2011 27 OCT	£191,000	£222,328	14% below HPI

20 GROVE LANE 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 two 20 GROVE LANE sales from October 2011 and September 2018 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 October 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 20 GROVE LANE?

20 GROVE LANE is 90m², which includes one extension, according to the EPC inspection conducted in August 2011. 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 20 GROVE LANE lies on this distribution: 25% of detached houses are smaller than 20 GROVE LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

20 GROVE LANE: Plot and Title Map

20 GROVE LANE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 20 GROVE LANE, 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 20 GROVE LANE). 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 20 GROVE LANE?

20 GROVE LANE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 20 on GROVE LANE.