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 OULTON ROAD is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £167,000 in August 2011, which was around 25% below the average August 2011 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 3 OULTON ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the four 3 OULTON ROAD sales were for below 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 |
---|---|---|---|
2011 12 AUG | £167,000 | £223,890 | 25% below HPI |
2006 25 MAY | £156,000 | £223,776 | 30% below HPI |
2005 28 OCT | £130,000 | £218,049 | 40% below HPI |
1996 20 NOV | £44,500 | £74,175 | 40% below HPI |
The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 3 OULTON ROAD sales between November 1996 and August 2011 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 May 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2011 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
3 OULTON ROAD is 69m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 3 OULTON ROAD lies on this distribution: 5% of detached houses are smaller than 3 OULTON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
3 OULTON ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 OULTON 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 OULTON 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.
3 OULTON ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 3 on OULTON ROAD.