27, MARGATE ROAD, IPSWICH, IP3 9DE - £254,000

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

27 MARGATE ROAD is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £254,000 in August 2018, which was around 27% below the average August 2018 detached price in the Ipswich local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

27 MARGATE ROAD Sold Prices

Land registry data shows two sales for 27 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. One of the two 27 MARGATE ROAD sales was for below the average price, whilst the other was 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
2018 15 AUG	£254,000	£346,212	27% below HPI
1996 30 OCT	£82,500	£74,723	10% above HPI

27 MARGATE 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 two 27 MARGATE ROAD sales from October 1996 and August 2018 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 October 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 27 MARGATE ROAD?

27 MARGATE ROAD is 87m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 27 MARGATE ROAD lies on this distribution: 21% of detached houses are smaller than 27 MARGATE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

27 MARGATE ROAD: Plot and Title Map

27 MARGATE ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 27 MARGATE 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 27 MARGATE 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 27 MARGATE ROAD?

27 MARGATE ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 27 on MARGATE ROAD.