248, CLAPGATE LANE, IPSWICH, IP3 0RL - £144,500

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.

248 CLAPGATE LANE is a very small extended semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £175,753. It was last sold for £144,500 in September 2017, which was around 33% below the average September 2017 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

248 CLAPGATE LANE Sold Prices

Land registry data shows three sales for 248 CLAPGATE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. All of the three 248 CLAPGATE LANE 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
2017 4 SEP	£144,500	£215,371	33% below HPI
2006 26 JUL	£115,000	£149,500	23% below HPI
2001 27 JUL	£59,950	£80,092	25% below HPI

248 CLAPGATE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 248 CLAPGATE LANE sales between July 2001 and September 2017 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 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 248 CLAPGATE LANE be worth now?

248 CLAPGATE LANE might now be worth an estimated £175,753.

This is based on house price inflation of 21.6%, between September 2017 and February 2025, for semi-detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 248 CLAPGATE LANE of £144,500 on 4th September 2017. For the value to have increased from £144,500 to £175,753 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 248 CLAPGATE LANE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The September 2017 sale price of £144,500 represented a fair market value for the property.
• The size, condition, and specification of 248 CLAPGATE LANE has not materially changed since September 2017.

How Large is 248 CLAPGATE LANE?

248 CLAPGATE LANE is 85m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 248 CLAPGATE LANE lies on this distribution: 19% of semi-detached houses houses are smaller than 248 CLAPGATE LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

248 CLAPGATE LANE: Plot and Title Map

248 CLAPGATE LANE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 248 CLAPGATE LANE, 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 248 CLAPGATE LANE). 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 248 CLAPGATE LANE?

248 CLAPGATE LANE is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 248 on CLAPGATE LANE.