39, PENZANCE ROAD, KESGRAVE, IPSWICH, IP5 1LU - £542,500

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.

39 PENZANCE ROAD is a large extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £519,953. It was last sold for £542,500 in December 2022, which was around 23% above the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

39 PENZANCE ROAD Sold Prices

Land registry data shows two sales for 39 PENZANCE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 39 PENZANCE ROAD sales was for above the average price, whilst the other was 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
2022 9 DEC	£542,500	£441,391	23% above HPI
2017 31 AUG	£255,000	£338,645	25% below HPI

39 PENZANCE ROAD 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 two 39 PENZANCE ROAD sales from August 2017 and December 2022 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 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 39 PENZANCE ROAD be worth now?

39 PENZANCE ROAD might now be worth an estimated £519,953.

This is based on house price deflation of 4.2%, between December 2022 and February 2025, 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 4.2% deflationary decrease is applied to the most recent sale price for 39 PENZANCE ROAD of £542,500 on 9th December 2022. For the value to have decreased from £542,500 to £519,953 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 39 PENZANCE ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2022 sale price of £542,500 represented a fair market value for the property.
• The size, condition, and specification of 39 PENZANCE ROAD has not materially changed since December 2022.

How Large is 39 PENZANCE ROAD?

39 PENZANCE ROAD is 140m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% 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 39 PENZANCE ROAD lies on this distribution: 75% of detached houses houses are smaller than 39 PENZANCE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

39 PENZANCE ROAD: Plot and Title Map

39 PENZANCE ROAD sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 39 PENZANCE 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 39 PENZANCE 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 39 PENZANCE ROAD?

39 PENZANCE ROAD is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 39 on PENZANCE ROAD.