27, GIPPING WAY, SPROUGHTON, IPSWICH, IP8 3BE - £250,000

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

27 GIPPING WAY is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £250,000 in March 2015, which was around 23% below the average March 2015 detached price in the Babergh local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

27 GIPPING WAY Sold Prices

Land registry data shows three sales for 27 GIPPING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 27 GIPPING WAY 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
2015 27 MAR	£250,000	£325,869	23% below HPI
2006 17 NOV	£197,995	£274,127	28% below HPI
2004 11 JUN	£160,750	£231,306	31% below HPI

27 GIPPING WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 27 GIPPING WAY sales between June 2004 and March 2015 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 November 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 27 GIPPING WAY?

27 GIPPING WAY is 95m², which includes three extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Sproughton, based on EPC data. The below chart shows the distribution of detached houses by size in Sproughton, and where 27 GIPPING WAY lies on this distribution: 21% of detached houses are smaller than 27 GIPPING WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Sproughton.

27 GIPPING WAY: Plot and Title Map

27 GIPPING WAY sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 27 GIPPING WAY, 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 27 GIPPING WAY). 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 27 GIPPING WAY?

27 GIPPING WAY is located in SPROUGHTON, in the IP8 postcode district. The below map shows the position of No. 27 on GIPPING WAY.