492, NORWICH ROAD, IPSWICH, IP1 6JS - £240,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

492 NORWICH ROAD is a small extended semi-detached house of 100m², built sometime between 1930 and 1949. It was last sold for £240,000 in May 2008, which was about the average May 2008 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

492 NORWICH ROAD Sold Prices

Land registry data shows two sales for 492 NORWICH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. One of the two 492 NORWICH ROAD sales was roughly equal to the average price, whilst the other was 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
2008 23 MAY	£240,000	£241,004	Close to HPI
1996 1 APR	£56,000	£70,296	20% below HPI

492 NORWICH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 492 NORWICH ROAD sales from April 1996 and May 2008 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 April 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2008 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 492 NORWICH ROAD?

492 NORWICH ROAD is 100m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 492 NORWICH ROAD lies on this distribution: 35% of detached houses are smaller than 492 NORWICH ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

492 NORWICH ROAD: Plot and Title Map

492 NORWICH ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 492 NORWICH 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 492 NORWICH 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 492 NORWICH ROAD?

492 NORWICH ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 492 on NORWICH ROAD.