38, BUGSBY WAY, KESGRAVE, IPSWICH, IP5 2WX - £275,000

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

38 BUGSBY WAY is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £275,000 in July 2020, which was around 23% below the average July 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

38 BUGSBY WAY Sold Prices

Land registry data shows seven sales for 38 BUGSBY WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the seven 38 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
2020 24 JUL	£275,000	£357,411	23% below HPI
2017 19 MAY	£276,000	£331,801	17% below HPI
2011 18 AUG	£173,000	£251,903	31% below HPI
2003 12 SEP	£133,500	£194,583	31% below HPI
2001 7 SEP	£106,000	£139,852	24% below HPI
2000 31 AUG	£98,000	£118,997	18% below HPI
1998 30 APR	£78,500	£83,741	6% below HPI

38 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 seven 38 BUGSBY WAY sales between April 1998 and July 2020 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 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 38 BUGSBY WAY?

38 BUGSBY WAY is 69m² according to the EPC inspection conducted in February 2016. 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 38 BUGSBY WAY lies on this distribution: 7% of detached houses are smaller than 38 BUGSBY WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

38 BUGSBY WAY: Plot and Title Map

38 BUGSBY WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 38 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 38 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 38 BUGSBY WAY?

38 BUGSBY WAY is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 38 on BUGSBY WAY.