48, LUMMIS VALE, KESGRAVE, IPSWICH, IP5 2FJ - £188,500

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

48 LUMMIS VALE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £188,500 in June 2009, which was around 15% below the average June 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

48 LUMMIS VALE Sold Prices

Land registry data shows five sales for 48 LUMMIS VALE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The five 48 LUMMIS VALE sales were a mix of below the average price, roughly equal to the average price, and 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
2009 12 JUN	£188,500	£222,734	15% below HPI
2002 12 JUL	£156,000	£158,620	2% below HPI
1999 29 JAN	£89,500	£90,585	1% below HPI
1997 6 AUG	£83,500	£83,677	Close to HPI
1995 24 APR	£86,100	£76,374	13% above HPI

48 LUMMIS VALE 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 five 48 LUMMIS VALE sales between April 1995 and June 2009 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 July 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2009 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 48 LUMMIS VALE?

48 LUMMIS VALE is 112m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 48 LUMMIS VALE lies on this distribution: 49% of detached houses are smaller than 48 LUMMIS VALE, and 50% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

48 LUMMIS VALE: Plot and Title Map

48 LUMMIS VALE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 48 LUMMIS VALE, 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 48 LUMMIS VALE). 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 48 LUMMIS VALE?

48 LUMMIS VALE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 48 on LUMMIS VALE.