20, PENZANCE ROAD, KESGRAVE, IPSWICH, IP5 1JS - £250,000

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 PENZANCE ROAD is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £250,000 in February 2015, which was around 12% below the average February 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

20 PENZANCE ROAD Sold Prices

Land registry data shows two sales for 20 PENZANCE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 20 PENZANCE ROAD sales was for below the average price, whilst the other was 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
2015 7 FEB	£250,000	£284,841	12% below HPI
2003 27 NOV	£243,000	£200,274	21% above HPI

20 PENZANCE ROAD 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 two 20 PENZANCE ROAD sales from November 2003 and February 2015 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 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 20 PENZANCE ROAD?

20 PENZANCE ROAD is 92m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 20 PENZANCE ROAD lies on this distribution: 26% of detached houses are smaller than 20 PENZANCE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

20 PENZANCE ROAD: Plot and Title Map

20 PENZANCE ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 20 PENZANCE 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 20 PENZANCE 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 20 PENZANCE ROAD?

20 PENZANCE ROAD is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 20 on PENZANCE ROAD.