4, BOOTH LANE, KESGRAVE, IPSWICH, IP5 2XL - £278,000

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.

4 BOOTH LANE is a very small detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £345,847. It was last sold for £278,000 in May 2019, which was around 18% below the average May 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

4 BOOTH LANE Sold Prices

Land registry data shows three sales for 4 BOOTH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 4 BOOTH LANE 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
2019 1 MAY	£278,000	£340,054	18% below HPI
2007 30 JUL	£235,000	£250,828	6% below HPI
2006 8 SEP	£190,000	£237,073	20% below HPI

4 BOOTH LANE 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 three 4 BOOTH LANE sales between September 2006 and May 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 July 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 BOOTH LANE be worth now?

4 BOOTH LANE might now be worth an estimated £345,847.

This is based on house price inflation of 24.4%, between May 2019 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 24.4% inflationary increase is applied to the most recent sale price for 4 BOOTH LANE of £278,000 on 1st May 2019. For the value to have increased from £278,000 to £345,847 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 4 BOOTH LANE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2019 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BOOTH LANE has not materially changed since May 2019.

How Large is 4 BOOTH LANE?

4 BOOTH LANE is 66m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% 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 4 BOOTH LANE lies on this distribution: 4% of detached houses houses are smaller than 4 BOOTH LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

4 BOOTH LANE: Plot and Title Map

4 BOOTH LANE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 4 BOOTH LANE, 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 4 BOOTH LANE). 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 4 BOOTH LANE?

4 BOOTH LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 4 on BOOTH LANE.