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
54 THE STRAND is a midsized extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £270,000 in August 2016, which was around 26% below the average August 2016 detached price in the Babergh local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 54 THE STRAND since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 54 THE STRAND 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 |
---|---|---|---|
2016 17 AUG | £270,000 | £364,020 | 26% below HPI |
2002 19 APR | £146,000 | £158,361 | 8% below HPI |
The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 54 THE STRAND sales from April 2002 and August 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 April 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
54 THE STRAND is 109m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 54 THE STRAND lies on this distribution: 45% of detached houses are smaller than 54 THE STRAND, and 54% of houses are larger. Note that EPC data is not available for all properties in Ipswich.
54 THE STRAND sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of 54 THE STRAND, 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 54 THE STRAND). 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.
54 THE STRAND is located in WHERSTEAD, in the IP2 postcode district. The below map shows the position of No. 54 on THE STRAND.