62, RANSOME ROAD, IPSWICH, IP3 9AT - £258,000

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

62 RANSOME ROAD is a small extended detached house of 96m², built sometime between 1900 and 1929. It was last sold for £258,000 in March 2021, which was around 28% below the average March 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

62 RANSOME ROAD Sold Prices

Land registry data shows four sales for 62 RANSOME ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the four 62 RANSOME ROAD 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
2021 5 MAR	£258,000	£360,421	28% below HPI
2011 8 JUL	£173,500	£221,224	22% below HPI
2004 14 APR	£152,000	£205,406	26% below HPI
1998 23 JAN	£69,995	£80,461	13% below HPI

62 RANSOME ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The four 62 RANSOME ROAD sales between January 1998 and March 2021 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 July 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 62 RANSOME ROAD?

62 RANSOME ROAD is 96m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 62 RANSOME ROAD lies on this distribution: 30% of detached houses are smaller than 62 RANSOME ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

62 RANSOME ROAD: Plot and Title Map

62 RANSOME ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 62 RANSOME 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 62 RANSOME 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.

Where is 62 RANSOME ROAD?

62 RANSOME ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 62 on RANSOME ROAD.