42, THE STRAND, WHERSTEAD, IPSWICH, IP2 8NL - £315,000

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

42 THE STRAND is a midsized extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £315,000 in June 2021, which was around 26% below the average June 2021 detached price in the Babergh local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

42 THE STRAND Sold Prices

Land registry data shows four sales for 42 THE STRAND since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 42 THE STRAND 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
2021 2 JUN	£315,000	£426,720	26% below HPI
2006 17 AUG	£175,000	£261,344	33% below HPI
2001 10 AUG	£117,000	£152,631	23% below HPI
2001 6 MAR	£59,000	£140,392	58% below HPI

42 THE STRAND Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 42 THE STRAND sales between March 2001 and June 2021 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 42 THE STRAND?

42 THE STRAND is 111m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 42 THE STRAND lies on this distribution: 48% of detached houses are smaller than 42 THE STRAND, and 51% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

42 THE STRAND: Plot and Title Map

42 THE STRAND sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 42 THE STRAND, 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 42 THE STRAND). 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 42 THE STRAND?

42 THE STRAND is located in WHERSTEAD, in the IP2 postcode district. The below map shows the position of No. 42 on THE STRAND.