50, LUMMIS VALE, KESGRAVE, IPSWICH, IP5 2FJ - £390,000

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.

50 LUMMIS VALE is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £433,218. It was last sold for £390,000 in December 2020, which was around 2% above the average December 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

50 LUMMIS VALE Sold Prices

Land registry data shows two sales for 50 LUMMIS VALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 50 LUMMIS VALE sales was for above 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
2020 11 DEC	£390,000	£380,843	2% above HPI
2001 17 AUG	£120,000	£134,788	11% below HPI

50 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 two 50 LUMMIS VALE sales from August 2001 and December 2020 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 August 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 50 LUMMIS VALE be worth now?

50 LUMMIS VALE might now be worth an estimated £433,218.

This is based on house price inflation of 11.1%, between December 2020 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.1% inflationary increase is applied to the most recent sale price for 50 LUMMIS VALE of £390,000 on 11th December 2020. For the value to have increased from £390,000 to £433,218 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 50 LUMMIS VALE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 50 LUMMIS VALE has not materially changed since December 2020.

How Large is 50 LUMMIS VALE?

50 LUMMIS VALE is 118m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 50 LUMMIS VALE lies on this distribution: 55% of detached houses houses are smaller than 50 LUMMIS VALE, and 44% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

50 LUMMIS VALE: Plot and Title Map

50 LUMMIS VALE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 50 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 50 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 50 LUMMIS VALE?

50 LUMMIS VALE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 50 on LUMMIS VALE.