47, BUGSBY WAY, KESGRAVE, IPSWICH, IP5 2WX - £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

47 BUGSBY WAY is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £315,000 in February 2023, which was around 28% below the average February 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

47 BUGSBY WAY Sold Prices

Land registry data shows eight sales for 47 BUGSBY WAY since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the eight 47 BUGSBY WAY 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
2023 28 FEB	£315,000	£438,978	28% below HPI
2021 8 JAN	£280,000	£373,856	25% below HPI
2015 31 MAR	£225,000	£284,526	21% below HPI
2012 6 DEC	£180,000	£246,975	27% below HPI
2003 28 JUL	£138,500	£186,962	26% below HPI
2002 15 MAR	£113,995	£144,123	21% below HPI
2000 16 JUN	£95,000	£111,912	15% below HPI
1999 28 MAY	£86,750	£91,995	6% below HPI

47 BUGSBY WAY 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 eight 47 BUGSBY WAY sales between May 1999 and February 2023 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 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 47 BUGSBY WAY?

47 BUGSBY WAY is 75m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 47 BUGSBY WAY lies on this distribution: 13% of detached houses are smaller than 47 BUGSBY WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

47 BUGSBY WAY: Plot and Title Map

47 BUGSBY WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 47 BUGSBY WAY, 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 47 BUGSBY WAY). 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 47 BUGSBY WAY?

47 BUGSBY WAY is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 47 on BUGSBY WAY.