44, PAPER MILL LANE, BRAMFORD, IPSWICH, IP8 4BS - £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

44 PAPER MILL LANE is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £315,000 in May 2020, which was around 16% below the average May 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

44 PAPER MILL LANE Sold Prices

Land registry data shows three sales for 44 PAPER MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 44 PAPER MILL LANE 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
2020 1 MAY	£315,000	£374,126	16% below HPI
2003 3 OCT	£156,500	£210,805	26% below HPI
2001 25 MAY	£120,000	£128,843	7% below HPI

44 PAPER MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 44 PAPER MILL LANE sales between May 2001 and May 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 October 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 44 PAPER MILL LANE?

44 PAPER MILL LANE is 117m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 44 PAPER MILL LANE lies on this distribution: 55% of detached houses are smaller than 44 PAPER MILL LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

44 PAPER MILL LANE: Plot and Title Map

44 PAPER MILL LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 44 PAPER MILL 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 44 PAPER MILL 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 44 PAPER MILL LANE?

44 PAPER MILL LANE is located in BRAMFORD, in the IP8 postcode district. The below map shows the position of No. 44 on PAPER MILL LANE.