22, PENZANCE ROAD, KESGRAVE, IPSWICH, IP5 1JS - £238,500

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

22 PENZANCE ROAD is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £238,500 in June 2012, which was around 6% below the average June 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

22 PENZANCE ROAD Sold Prices

Land registry data shows two sales for 22 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 22 PENZANCE ROAD sales was for below the average price, whilst the other was roughly equal to 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
2012 8 JUN	£238,500	£253,117	6% below HPI
1999 11 NOV	£100,000	£100,119	Close to HPI

22 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 22 PENZANCE ROAD sales from November 1999 and June 2012 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 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 22 PENZANCE ROAD?

22 PENZANCE ROAD is 110m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 22 PENZANCE ROAD lies on this distribution: 46% of detached houses are smaller than 22 PENZANCE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

22 PENZANCE ROAD: Plot and Title Map

22 PENZANCE ROAD sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 22 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 22 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 22 PENZANCE ROAD?

22 PENZANCE ROAD is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 22 on PENZANCE ROAD.