3, LOWER CONEY GROVE, OFFTON, IPSWICH, IP8 4RA - £385,000

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 LOWER CONEY GROVE is a small extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £385,000 in March 2016, which was around 19% above the average March 2016 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

3 LOWER CONEY GROVE Sold Prices

Land registry data shows three sales for 3 LOWER CONEY GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 3 LOWER CONEY GROVE sales 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
2016 22 MAR	£385,000	£324,508	19% above HPI
2004 14 JUN	£272,000	£214,372	27% above HPI
1999 30 SEP	£250,000	£110,461	126% above HPI

3 LOWER CONEY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 3 LOWER CONEY GROVE sales between September 1999 and March 2016 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 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2016 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 LOWER CONEY GROVE?

3 LOWER CONEY GROVE is 138m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Offton, based on EPC data. The below chart shows the distribution of detached houses by size in Offton, and where 3 LOWER CONEY GROVE lies on this distribution: 37% of detached houses are smaller than 3 LOWER CONEY GROVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Offton.

3 LOWER CONEY GROVE: Plot and Title Map

3 LOWER CONEY GROVE sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 3 LOWER CONEY GROVE, 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 LOWER CONEY GROVE). 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 LOWER CONEY GROVE?

3 LOWER CONEY GROVE is located in OFFTON, in the IP8 postcode district. The below map shows the position of No. 3 on LOWER CONEY GROVE.