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
534 NORWICH ROAD is a large extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £290,000 in November 2016, which was around 8% below the average November 2016 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 534 NORWICH ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Two of the three 534 NORWICH ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2016 8 NOV | £290,000 | £313,537 | 8% below HPI |
2008 15 FEB | £247,000 | £254,748 | 3% below HPI |
2005 10 JUN | £235,000 | £216,778 | 8% above HPI |
The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 534 NORWICH ROAD sales between June 2005 and November 2016 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 February 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
534 NORWICH ROAD is 132m², which includes two extensions, according to the EPC inspection conducted in May 2016. 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 534 NORWICH ROAD lies on this distribution: 68% of detached houses are smaller than 534 NORWICH ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
534 NORWICH ROAD sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 534 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 534 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.
534 NORWICH ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 534 on NORWICH ROAD.