5, RAVENS LANE, BRAMFORD, IPSWICH, IP8 4EG - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 RAVENS LANE is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £350,000 in December 2022, which was around 22% below the average December 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

5 RAVENS LANE Sold Prices

Land registry data shows two sales for 5 RAVENS 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 5 RAVENS 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
2022 7 DEC	£350,000	£446,856	22% below HPI
2020 30 SEP	£285,000	£376,761	24% below HPI

5 RAVENS 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 5 RAVENS LANE sales from September 2020 and December 2022 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 September 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 RAVENS LANE?

5 RAVENS LANE is 90m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Bramford, based on EPC data. The below chart shows the distribution of detached houses by size in Bramford, and where 5 RAVENS LANE lies on this distribution: 31% of detached houses are smaller than 5 RAVENS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bramford.

5 RAVENS LANE: Plot and Title Map

5 RAVENS LANE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 RAVENS 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 5 RAVENS 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 5 RAVENS LANE?

5 RAVENS LANE is located in BRAMFORD, in the IP8 postcode district. The below map shows the position of No. 5 on RAVENS LANE.