4, SCOPES ROAD, KESGRAVE, IPSWICH, IP5 2YE - £225,000

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

4 SCOPES ROAD is a midsized extended detached house of 109m², built sometime between 1991 and 1995. It was last sold for £225,000 in January 2012, which was around 14% below the average January 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2024, where the current energy rating was B, and the potential energy rating was B.

4 SCOPES ROAD Sold Prices

Land registry data shows two sales for 4 SCOPES 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. Both of the two 4 SCOPES 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
2012 20 JAN	£225,000	£260,137	14% below HPI
2006 28 APR	£205,000	£220,185	7% below HPI

4 SCOPES 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 4 SCOPES ROAD sales from April 2006 and January 2012 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 April 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 SCOPES ROAD?

4 SCOPES ROAD is 109m², which includes three extensions, according to the EPC inspection conducted in July 2024. This puts it in the smallest 50% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 4 SCOPES ROAD lies on this distribution: 45% of detached houses are smaller than 4 SCOPES ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

4 SCOPES ROAD: Plot and Title Map

4 SCOPES ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 SCOPES 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 4 SCOPES 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 4 SCOPES ROAD?

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