31, COLCHESTER ROAD, IPSWICH, IP4 3BT - £173,000

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 COLCHESTER ROAD is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £173,000 in June 2009, which was around 12% below the average June 2009 detached price in the Ipswich local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

31 COLCHESTER ROAD Sold Prices

Land registry data shows four sales for 31 COLCHESTER ROAD since 1^st 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 31 COLCHESTER 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
2009 12 JUN	£173,000	£197,692	12% below HPI
2007 21 AUG	£184,000	£250,307	26% below HPI
2004 9 JAN	£130,000	£197,128	34% below HPI
1997 30 MAY	£58,000	£76,677	24% below HPI

31 COLCHESTER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 31 COLCHESTER ROAD sales between May 1997 and June 2009 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 August 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2009 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 31 COLCHESTER ROAD?

31 COLCHESTER ROAD is 81m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 31 COLCHESTER ROAD lies on this distribution: 14% of detached houses are smaller than 31 COLCHESTER ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

31 COLCHESTER ROAD: Plot and Title Map

31 COLCHESTER ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 31 COLCHESTER 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 31 COLCHESTER 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.

Where is 31 COLCHESTER ROAD?

31 COLCHESTER ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 31 on COLCHESTER ROAD.