43, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £332,500

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 WRIGHT LANE is a large extended detached house of 145m², built sometime between 1991 and 1995. It was last sold for £332,500 in March 2014, which was around 28% above the average March 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

43 WRIGHT LANE Sold Prices

Land registry data shows four sales for 43 WRIGHT LANE 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 43 WRIGHT LANE sales were for above 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
2014 12 MAR	£332,500	£259,107	28% above HPI
2011 22 JUN	£290,000	£253,490	14% above HPI
2006 4 MAY	£235,000	£221,098	6% above HPI
1996 2 DEC	£103,000	£77,874	32% above HPI

43 WRIGHT 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 four 43 WRIGHT LANE sales between December 1996 and March 2014 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 June 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2014 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 43 WRIGHT LANE?

43 WRIGHT LANE is 145m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 43 WRIGHT LANE lies on this distribution: 78% of detached houses are smaller than 43 WRIGHT LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

43 WRIGHT LANE: Plot and Title Map

43 WRIGHT LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 43 WRIGHT 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 WRIGHT 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 43 WRIGHT LANE?

43 WRIGHT LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 43 on WRIGHT LANE.