46, PENZANCE ROAD, KESGRAVE, IPSWICH, IP5 1JU - £460,000

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

46 PENZANCE ROAD is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £460,000 in March 2024, which was around 8% above the average March 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

46 PENZANCE ROAD Sold Prices

Land registry data shows three sales for 46 PENZANCE 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 East Suffolk local authority area for the corresponding sale date. One of the three 46 PENZANCE ROAD sales was for above the average price, whilst two 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
2024 28 MAR	£460,000	£424,824	8% above HPI
2015 27 MAR	£245,000	£284,526	14% below HPI
2011 15 APR	£235,000	£248,710	6% below HPI

46 PENZANCE ROAD 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 three 46 PENZANCE ROAD sales between April 2011 and March 2024 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 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 46 PENZANCE ROAD?

46 PENZANCE ROAD is 94m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 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 46 PENZANCE ROAD lies on this distribution: 28% of detached houses are smaller than 46 PENZANCE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

46 PENZANCE ROAD: Plot and Title Map

46 PENZANCE ROAD sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 46 PENZANCE 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 46 PENZANCE 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 46 PENZANCE ROAD?

46 PENZANCE ROAD is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 46 on PENZANCE ROAD.