31, BUGSBY WAY, KESGRAVE, IPSWICH, IP5 2WX - £280,000

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

31 BUGSBY WAY is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £280,000 in June 2021, which was around 26% below the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

31 BUGSBY WAY Sold Prices

Land registry data shows six sales for 31 BUGSBY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the six 31 BUGSBY WAY 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
2021 23 JUN	£280,000	£380,524	26% below HPI
2016 31 MAY	£247,500	£307,292	19% below HPI
2007 30 APR	£177,500	£245,221	28% below HPI
2003 13 MAR	£136,000	£183,731	26% below HPI
2000 31 AUG	£97,950	£118,997	18% below HPI
1997 2 MAY	£68,250	£79,476	14% below HPI

31 BUGSBY WAY 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 six 31 BUGSBY WAY sales between May 1997 and June 2021 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 31 BUGSBY WAY?

31 BUGSBY WAY is 70m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 31 BUGSBY WAY lies on this distribution: 8% of detached houses are smaller than 31 BUGSBY WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

31 BUGSBY WAY: Plot and Title Map

31 BUGSBY WAY sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 31 BUGSBY WAY, 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 31 BUGSBY WAY). 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 31 BUGSBY WAY?

31 BUGSBY WAY is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 31 on BUGSBY WAY.