28, FLETCHERS LANE, KESGRAVE, IPSWICH, IP5 2XY - £240,000

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

28 FLETCHERS LANE is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £240,000 in December 2004, which was around 9% above the average December 2004 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

28 FLETCHERS LANE Sold Prices

Land registry data shows three sales for 28 FLETCHERS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 28 FLETCHERS LANE 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
2004 10 DEC	£240,000	£220,636	9% above HPI
2004 30 APR	£211,000	£207,942	1% above HPI
2001 23 AUG	£148,000	£134,767	10% above HPI

28 FLETCHERS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 28 FLETCHERS LANE sales between August 2001 and December 2004 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 April 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2004 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 28 FLETCHERS LANE?

28 FLETCHERS LANE is 132m² according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 28 FLETCHERS LANE lies on this distribution: 70% of detached houses are smaller than 28 FLETCHERS LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

28 FLETCHERS LANE: Plot and Title Map

28 FLETCHERS LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 28 FLETCHERS 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 28 FLETCHERS 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 28 FLETCHERS LANE?

28 FLETCHERS LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 28 on FLETCHERS LANE.