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
247 VALLEY ROAD is a midsized extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £425,000 in March 2021, which was around 18% above the average March 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 247 VALLEY ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three 247 VALLEY ROAD sales were 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 |
---|---|---|---|
2021 26 MAR | £425,000 | £360,421 | 18% above HPI |
2004 25 JUN | £248,000 | £212,001 | 17% above HPI |
2001 10 MAY | £162,500 | £130,768 | 24% above HPI |
The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 247 VALLEY ROAD sales between May 2001 and March 2021 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 June 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
247 VALLEY ROAD is 119m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 247 VALLEY ROAD lies on this distribution: 57% of detached houses are smaller than 247 VALLEY ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
247 VALLEY ROAD sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 247 VALLEY 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 247 VALLEY 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.
247 VALLEY ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 247 on VALLEY ROAD.