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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A THE STRAND is a large extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £340,399. It was last sold for £305,000 in November 2020, which was around 30% 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	£438,609	30% below HPI
2017 2 JUN	£280,000	£406,651	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2A THE STRAND be worth now?

2A THE STRAND might now be worth an estimated £340,399.

This is based on house price inflation of 11.6%, between November 2020 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.6% inflationary increase is applied to the most recent sale price for 2A THE STRAND of £305,000 on 6th November 2020. For the value to have increased from £305,000 to £340,399 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2A THE STRAND has moved in line with the HPI for detached houses in the Babergh local authority area.
• The November 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2A THE STRAND has not materially changed since November 2020.

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 houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 2A THE STRAND lies on this distribution: 62% of detached houses 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.