23, GOSTLING PLACE, KESGRAVE, IPSWICH, IP5 2GE - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 GOSTLING PLACE is a small extended detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £394,573. It was last sold for £405,000 in October 2023, which was around 7% below the average October 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

23 GOSTLING PLACE Sold Prices

Land registry data shows four sales for 23 GOSTLING PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 23 GOSTLING PLACE 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 20 OCT	£405,000	£434,225	7% below HPI
2020 17 SEP	£333,000	£366,961	9% below HPI
2020 4 SEP	£320,000	£366,961	13% below HPI
2013 15 MAR	£250,000	£252,788	1% below HPI

23 GOSTLING PLACE 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 four 23 GOSTLING PLACE sales between March 2013 and October 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 September 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 23 GOSTLING PLACE be worth now?

23 GOSTLING PLACE might now be worth an estimated £394,573.

This is based on house price deflation of 2.6%, between October 2023 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for 23 GOSTLING PLACE of £405,000 on 20th October 2023. For the value to have decreased from £405,000 to £394,573 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 GOSTLING PLACE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2023 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GOSTLING PLACE has not materially changed since October 2023.

How Large is 23 GOSTLING PLACE?

23 GOSTLING PLACE is 88m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 23 GOSTLING PLACE lies on this distribution: 23% of detached houses houses are smaller than 23 GOSTLING PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

23 GOSTLING PLACE: Plot and Title Map

23 GOSTLING PLACE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 23 GOSTLING PLACE, 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 23 GOSTLING PLACE). 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 23 GOSTLING PLACE?

23 GOSTLING PLACE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 23 on GOSTLING PLACE.