48, SHIP LANE, BRAMFORD, IPSWICH, IP8 4AS - £219,500

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.

48 SHIP LANE is a small detached house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £378,974. It was last sold for £219,500 in September 2012, which was around 17% below the average September 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

48 SHIP LANE Sold Prices

Land registry data shows two sales for 48 SHIP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 48 SHIP LANE 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
2012 14 SEP	£219,500	£264,013	17% below HPI
1996 31 JAN	£52,500	£78,178	33% below HPI

48 SHIP LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 48 SHIP LANE sales from January 1996 and September 2012 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 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 48 SHIP LANE be worth now?

48 SHIP LANE might now be worth an estimated £378,974.

This is based on house price inflation of 72.7%, between September 2012 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.7% inflationary increase is applied to the most recent sale price for 48 SHIP LANE of £219,500 on 14th September 2012. For the value to have increased from £219,500 to £378,974 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 48 SHIP LANE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The September 2012 sale price of £219,500 represented a fair market value for the property.
• The size, condition, and specification of 48 SHIP LANE has not materially changed since September 2012.

How Large is 48 SHIP LANE?

48 SHIP LANE is 92m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 48 SHIP LANE lies on this distribution: 26% of detached houses houses are smaller than 48 SHIP LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

48 SHIP LANE: Plot and Title Map

48 SHIP LANE sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of 48 SHIP 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 48 SHIP 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 48 SHIP LANE?

48 SHIP LANE is located in BRAMFORD, in the IP8 postcode district. The below map shows the position of No. 48 on SHIP LANE.