3, LEE ROAD, IPSWICH, IP3 0PX - £310,000

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.

3 LEE ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £354,084. It was last sold for £310,000 in October 2019, which was around 11% below the average October 2019 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 LEE ROAD Sold Prices

Land registry data shows three sales for 3 LEE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. The three 3 LEE ROAD sales were a mix of below the average price, and roughly equal to 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
2019 10 OCT	£310,000	£348,314	11% below HPI
2015 13 FEB	£270,000	£269,158	Close to HPI
2003 24 JAN	£179,950	£187,771	4% below HPI

3 LEE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 3 LEE ROAD sales between January 2003 and October 2019 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 February 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 LEE ROAD be worth now?

3 LEE ROAD might now be worth an estimated £354,084.

This is based on house price inflation of 14.2%, between October 2019 and February 2025, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for 3 LEE ROAD of £310,000 on 10th October 2019. For the value to have increased from £310,000 to £354,084 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 LEE ROAD has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The October 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEE ROAD has not materially changed since October 2019.

How Large is 3 LEE ROAD?

3 LEE ROAD is 90m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% 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 3 LEE ROAD lies on this distribution: 24% of detached houses houses are smaller than 3 LEE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 LEE ROAD: Plot and Title Map

3 LEE ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 LEE ROAD, 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 LEE ROAD). 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 LEE ROAD?

3 LEE ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 3 on LEE ROAD.