3, BAILEY AVENUE, KESGRAVE, IPSWICH, IP5 2EE - £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

3 BAILEY AVENUE is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £240,000 in June 2014, which was around 12% below the average June 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

3 BAILEY AVENUE Sold Prices

Land registry data shows three sales for 3 BAILEY AVENUE 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. Two of the three 3 BAILEY AVENUE sales were for below the average price, whilst one 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
2014 13 JUN	£240,000	£273,758	12% below HPI
2004 12 AUG	£206,800	£220,909	6% below HPI
2000 11 OCT	£127,995	£117,564	9% above HPI

3 BAILEY AVENUE 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 3 BAILEY AVENUE sales between October 2000 and June 2014 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 August 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 BAILEY AVENUE?

3 BAILEY AVENUE is 99m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 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 3 BAILEY AVENUE lies on this distribution: 34% of detached houses are smaller than 3 BAILEY AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

3 BAILEY AVENUE: Plot and Title Map

3 BAILEY AVENUE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 3 BAILEY AVENUE, 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 3 BAILEY AVENUE). 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 3 BAILEY AVENUE?

3 BAILEY AVENUE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 3 on BAILEY AVENUE.