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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 BUGSBY WAY is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £303,766. 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	£380,583	26% below HPI
2016 31 MAY	£247,500	£307,340	19% below HPI
2007 30 APR	£177,500	£245,259	28% below HPI
2003 13 MAR	£136,000	£183,759	26% below HPI
2000 31 AUG	£97,950	£119,015	18% below HPI
1997 2 MAY	£68,250	£79,489	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.

What might 31 BUGSBY WAY be worth now?

31 BUGSBY WAY might now be worth an estimated £303,766.

This is based on house price inflation of 8.5%, between June 2021 and December 2024, 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 8.5% inflationary increase is applied to the most recent sale price for 31 BUGSBY WAY of £280,000 on 23rd June 2021. For the value to have increased from £280,000 to £303,766 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 31 BUGSBY WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BUGSBY WAY has not materially changed since June 2021.

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 houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 31 BUGSBY WAY lies on this distribution: 8% of detached houses 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.