3, HARES CLOSE, KESGRAVE, IPSWICH, IP5 2EZ - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 HARES CLOSE is a midsized detached house of 115m², built sometime between 2007 and 2011. It was last sold for £430,000 in January 2023, which was around 3% below the average January 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

3 HARES CLOSE Sold Prices

Land registry data shows three sales for 3 HARES CLOSE 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. One of the three 3 HARES CLOSE sales was for below the average price, whilst two 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
2023 20 JAN	£430,000	£441,226	3% below HPI
2020 7 SEP	£385,000	£366,905	5% above HPI
2011 14 OCT	£264,995	£253,599	4% above HPI

3 HARES CLOSE 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 HARES CLOSE sales between October 2011 and January 2023 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 September 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 HARES CLOSE?

3 HARES CLOSE is 115m² according to the EPC inspection conducted in August 2022. This puts it in the largest 50% 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 HARES CLOSE lies on this distribution: 52% of detached houses are smaller than 3 HARES CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

3 HARES CLOSE: Plot and Title Map

3 HARES CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 HARES CLOSE, 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 HARES CLOSE). 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 HARES CLOSE?

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