242, COLCHESTER ROAD, IPSWICH, IP4 4QY - £367,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

242 COLCHESTER ROAD is a very small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £367,500 in March 2020, which was around 10% above the average March 2020 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

242 COLCHESTER ROAD Sold Prices

Land registry data shows four sales for 242 COLCHESTER 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. two of the four 242 COLCHESTER ROAD sales were for above the average price, and four 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
2020 13 MAR	£367,500	£332,596	10% above HPI
2012 6 JUL	£277,500	£229,254	21% above HPI
2001 22 FEB	£110,000	£123,959	11% below HPI
1995 12 JUN	£62,500	£74,899	17% below HPI

242 COLCHESTER 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 242 COLCHESTER ROAD sales between June 1995 and March 2020 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 July 2012 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 242 COLCHESTER ROAD?

242 COLCHESTER ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 242 COLCHESTER ROAD lies on this distribution: 20% of detached houses are smaller than 242 COLCHESTER ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

242 COLCHESTER ROAD: Plot and Title Map

242 COLCHESTER ROAD sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 242 COLCHESTER 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 242 COLCHESTER 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 242 COLCHESTER ROAD?

242 COLCHESTER ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 242 on COLCHESTER ROAD.