3, LUMMIS VALE, KESGRAVE, IPSWICH, IP5 2FJ - £305,000

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 LUMMIS VALE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £305,000 in September 2020, which was around 17% below the average September 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

3 LUMMIS VALE Sold Prices

Land registry data shows two sales for 3 LUMMIS VALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 3 LUMMIS VALE sales was for below the average price, whilst the other 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
2020 25 SEP	£305,000	£366,905	17% below HPI
1998 6 FEB	£88,250	£84,540	4% above HPI

3 LUMMIS VALE 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 two 3 LUMMIS VALE sales from February 1998 and September 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 February 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 LUMMIS VALE?

3 LUMMIS VALE is 101m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 LUMMIS VALE lies on this distribution: 36% of detached houses are smaller than 3 LUMMIS VALE, and 64% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

3 LUMMIS VALE: Plot and Title Map

3 LUMMIS VALE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 LUMMIS VALE, 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 LUMMIS VALE). 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 LUMMIS VALE?

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