331, COLCHESTER ROAD, IPSWICH, IP4 4SF - £450,000

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.

331 COLCHESTER ROAD is a large detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £523,506. It was last sold for £450,000 in July 2019, which was around 32% above the average July 2019 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

331 COLCHESTER ROAD Sold Prices

Land registry data shows three sales for 331 COLCHESTER ROAD since 1^st 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 331 COLCHESTER ROAD sales were for above 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
2019 2 JUL	£450,000	£341,984	32% above HPI
2010 25 JUN	£275,000	£229,236	20% above HPI
1997 21 NOV	£109,450	£81,162	35% above HPI

331 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 three 331 COLCHESTER ROAD sales between November 1997 and July 2019 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 June 2010 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 331 COLCHESTER ROAD be worth now?

331 COLCHESTER ROAD might now be worth an estimated £523,506.

This is based on house price inflation of 16.3%, between July 2019 and February 2025, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for 331 COLCHESTER ROAD of £450,000 on 2nd July 2019. For the value to have increased from £450,000 to £523,506 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 331 COLCHESTER ROAD has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The July 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 331 COLCHESTER ROAD has not materially changed since July 2019.

How Large is 331 COLCHESTER ROAD?

331 COLCHESTER ROAD is 141m² according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 331 COLCHESTER ROAD lies on this distribution: 73% of detached houses houses are smaller than 331 COLCHESTER ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

331 COLCHESTER ROAD: Plot and Title Map

331 COLCHESTER ROAD sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 331 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 331 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 331 COLCHESTER ROAD?

331 COLCHESTER ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 331 on COLCHESTER ROAD.