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
43 HEATH LANE is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £370,000 in December 2020, which was around 4% above the average December 2020 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 43 HEATH LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. One of the two 43 HEATH LANE 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 |
---|---|---|---|
2020 16 DEC | £370,000 | £357,189 | 4% above HPI |
2010 31 MAR | £150,500 | £223,420 | 33% below HPI |
The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 43 HEATH LANE sales from March 2010 and December 2020 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 March 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
43 HEATH LANE is 85m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 43 HEATH LANE lies on this distribution: 19% of detached houses are smaller than 43 HEATH LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
43 HEATH LANE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 43 HEATH 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 43 HEATH 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.
43 HEATH LANE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 43 on HEATH LANE.