Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
31 RANSOME ROAD is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £139,995 in April 2004, which was around 32% below the average April 2004 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 31 RANSOME ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three 31 RANSOME 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 |
---|---|---|---|
2004 28 APR | £139,995 | £205,406 | 32% below HPI |
1995 24 OCT | £58,500 | £71,529 | 18% below HPI |
1995 20 JAN | £45,000 | £74,011 | 39% below HPI |
The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 31 RANSOME ROAD sales between January 1995 and April 2004 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 October 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2004 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
31 RANSOME ROAD is 88m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 RANSOME ROAD lies on this distribution: 22% of detached houses are smaller than 31 RANSOME ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
31 RANSOME ROAD sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 31 RANSOME 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 RANSOME 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.
31 RANSOME ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 31 on RANSOME ROAD.