257, SPRING ROAD, IPSWICH, IP4 5NF - £219,000

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

257 SPRING ROAD is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £219,000 in September 2016, which was around 31% below the average September 2016 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

257 SPRING ROAD Sold Prices

Land registry data shows three sales for 257 SPRING ROAD since 1^st 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 257 SPRING ROAD 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
2016 21 SEP	£219,000	£316,178	31% below HPI
2004 20 AUG	£177,500	£219,731	19% below HPI
2001 21 SEP	£116,995	£141,132	17% below HPI

257 SPRING 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 three 257 SPRING ROAD sales between September 2001 and September 2016 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 August 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 257 SPRING ROAD?

257 SPRING ROAD is 94m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 257 SPRING ROAD lies on this distribution: 28% of detached houses are smaller than 257 SPRING ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

257 SPRING ROAD: Plot and Title Map

257 SPRING ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 257 SPRING 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 257 SPRING 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 257 SPRING ROAD?

257 SPRING ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 257 on SPRING ROAD.