40, BUGSBY WAY, KESGRAVE, IPSWICH, IP5 2WX - £175,000

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

40 BUGSBY WAY is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £175,000 in June 2005, which was around 19% below the average June 2005 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

40 BUGSBY WAY Sold Prices

Land registry data shows four sales for 40 BUGSBY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 40 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
2005 15 JUN	£175,000	£216,267	19% below HPI
2002 24 MAY	£125,000	£153,113	18% below HPI
1999 15 NOV	£87,000	£100,119	13% below HPI
1997 22 AUG	£76,750	£83,677	8% below HPI

40 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 four 40 BUGSBY WAY sales between August 1997 and June 2005 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2005 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 BUGSBY WAY?

40 BUGSBY WAY is 70m² according to the EPC inspection conducted in June 2024. 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 40 BUGSBY WAY lies on this distribution: 8% of detached houses are smaller than 40 BUGSBY WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

40 BUGSBY WAY: Plot and Title Map

40 BUGSBY WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 40 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 40 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 40 BUGSBY WAY?

40 BUGSBY WAY is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 40 on BUGSBY WAY.