45, MARGATE ROAD, IPSWICH, IP3 9DE - £135,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

45 MARGATE ROAD is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £135,000 in June 2002, which was around 17% below the average June 2002 detached price in the Ipswich local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

45 MARGATE ROAD Sold Prices

Land registry data shows three sales for 45 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Two of the three 45 MARGATE ROAD sales were for below the average price, whilst one was 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
2002 26 JUN	£135,000	£161,895	17% below HPI
2001 21 DEC	£121,000	£144,693	16% below HPI
1997 5 SEP	£84,950	£80,602	5% above HPI

45 MARGATE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 45 MARGATE ROAD sales between September 1997 and June 2002 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 December 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2002 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 45 MARGATE ROAD?

45 MARGATE ROAD is 110m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 45 MARGATE ROAD lies on this distribution: 47% of detached houses are smaller than 45 MARGATE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

45 MARGATE ROAD: Plot and Title Map

45 MARGATE ROAD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 45 MARGATE ROAD, 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 45 MARGATE ROAD). 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 45 MARGATE ROAD?

45 MARGATE ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 45 on MARGATE ROAD.