46, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £287,000

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 WRIGHT LANE is a large detached house of 139m², built sometime between 1996 and 2002. It was last sold for £287,000 in March 2011, which was around 16% above the average March 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

46 WRIGHT LANE Sold Prices

Land registry data shows three sales for 46 WRIGHT 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 East Suffolk local authority area for the corresponding sale date. All of the three 46 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
2011 16 MAR	£287,000	£246,949	16% above HPI
2000 21 DEC	£175,000	£121,841	44% above HPI
1998 16 FEB	£137,950	£84,540	63% above HPI

46 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 three 46 WRIGHT LANE sales between February 1998 and March 2011 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 2000 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2011 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 46 WRIGHT LANE?

46 WRIGHT LANE is 139m² according to the EPC inspection conducted in March 2024. 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 46 WRIGHT LANE lies on this distribution: 75% of detached houses are smaller than 46 WRIGHT LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

46 WRIGHT LANE: Plot and Title Map

46 WRIGHT LANE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 46 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 46 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 46 WRIGHT LANE?

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