50, PAPER MILL LANE, BRAMFORD, IPSWICH, IP8 4BS - £250,000

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

50 PAPER MILL LANE is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £250,000 in April 2012, which was around 2% below the average April 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

50 PAPER MILL LANE Sold Prices

Land registry data shows three sales for 50 PAPER MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the three 50 PAPER MILL LANE sales was for below the average price, whilst two were for 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
2012 23 APR	£250,000	£255,098	2% below HPI
2005 25 NOV	£243,000	£236,399	3% above HPI
2002 2 AUG	£189,000	£182,793	3% above HPI

50 PAPER MILL 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 three 50 PAPER MILL LANE sales between August 2002 and April 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 November 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 50 PAPER MILL LANE?

50 PAPER MILL LANE is 129m² according to the EPC inspection conducted in February 2012. This puts it in the largest 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 50 PAPER MILL LANE lies on this distribution: 66% of detached houses are smaller than 50 PAPER MILL LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

50 PAPER MILL LANE: Plot and Title Map

50 PAPER MILL LANE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 50 PAPER MILL 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 50 PAPER MILL 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 50 PAPER MILL LANE?

50 PAPER MILL LANE is located in BRAMFORD, in the IP8 postcode district. The below map shows the position of No. 50 on PAPER MILL LANE.