3, SMITHS PLACE, KESGRAVE, IPSWICH, IP5 2YR - £212,000

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 SMITHS PLACE is a midsized extended detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £371,773. It was last sold for £212,000 in December 2006, which was around 12% below the average December 2006 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

3 SMITHS PLACE Sold Prices

Land registry data shows two sales for 3 SMITHS PLACE 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. Both of the two 3 SMITHS PLACE 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
2006 20 DEC	£212,000	£241,238	12% below HPI
1999 29 MAR	£90,000	£90,468	1% below HPI

3 SMITHS PLACE 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 SMITHS PLACE sales from March 1999 and December 2006 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 March 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2006 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 SMITHS PLACE be worth now?

3 SMITHS PLACE might now be worth an estimated £371,773.

This is based on house price inflation of 75.4%, between December 2006 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.4% inflationary increase is applied to the most recent sale price for 3 SMITHS PLACE of £212,000 on 20th December 2006. For the value to have increased from £212,000 to £371,773 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 SMITHS PLACE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2006 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SMITHS PLACE has not materially changed since December 2006.

How Large is 3 SMITHS PLACE?

3 SMITHS PLACE is 110m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 3 SMITHS PLACE lies on this distribution: 46% of detached houses houses are smaller than 3 SMITHS PLACE, and 53% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

3 SMITHS PLACE: Plot and Title Map

3 SMITHS PLACE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 3 SMITHS PLACE, 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 SMITHS PLACE). 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 SMITHS PLACE?

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