45, REEVE GARDENS, KESGRAVE, IPSWICH, IP5 2FG - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 REEVE GARDENS is a small detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £337,879. It was last sold for £315,000 in October 2021, which was around 20% below the average October 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

45 REEVE GARDENS Sold Prices

Land registry data shows four sales for 45 REEVE GARDENS 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 45 REEVE GARDENS 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 26 OCT	£315,000	£394,400	20% below HPI
2012 31 JAN	£205,000	£260,177	21% below HPI
2006 31 MAR	£175,000	£222,592	21% below HPI
2002 31 MAY	£137,000	£153,137	11% below HPI

45 REEVE GARDENS 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 45 REEVE GARDENS sales between May 2002 and October 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 January 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 45 REEVE GARDENS be worth now?

45 REEVE GARDENS might now be worth an estimated £337,879.

This is based on house price inflation of 7.3%, between October 2021 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 45 REEVE GARDENS of £315,000 on 26th October 2021. For the value to have increased from £315,000 to £337,879 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 45 REEVE GARDENS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 45 REEVE GARDENS has not materially changed since October 2021.

How Large is 45 REEVE GARDENS?

45 REEVE GARDENS is 90m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 45 REEVE GARDENS lies on this distribution: 24% of detached houses houses are smaller than 45 REEVE GARDENS, and 76% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

45 REEVE GARDENS: Plot and Title Map

45 REEVE GARDENS sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 45 REEVE GARDENS, 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 REEVE GARDENS). 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 REEVE GARDENS?

45 REEVE GARDENS is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 45 on REEVE GARDENS.