2A, THE STRAND, WHERSTEAD, IPSWICH, IP2 8NL - £305,000

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

2A THE STRAND is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £305,000 in November 2020, which was around 29% below the average November 2020 detached price in the Babergh local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

2A THE STRAND Sold Prices

Land registry data shows two sales for 2A THE STRAND since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 2A THE STRAND 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
2020 6 NOV	£305,000	£428,955	29% below HPI
2017 2 JUN	£280,000	£397,700	30% below HPI

2A THE STRAND 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 two 2A THE STRAND sales from June 2017 and November 2020 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 June 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2A THE STRAND?

2A THE STRAND is 125m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 2A THE STRAND lies on this distribution: 62% of detached houses are smaller than 2A THE STRAND, and 37% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2A THE STRAND: Plot and Title Map

2A THE STRAND sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 2A THE STRAND, 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 2A THE STRAND). 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 2A THE STRAND?

2A THE STRAND is located in WHERSTEAD, in the IP2 postcode district. The below map shows the position of No. 2A on THE STRAND.