68, SPRINGFIELD LANE, IPSWICH, IP1 4EW - £192,500

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

68 SPRINGFIELD LANE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £192,500 in July 2020, which was around 44% below the average July 2020 detached price in the Ipswich local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

68 SPRINGFIELD LANE Sold Prices

Land registry data shows four sales for 68 SPRINGFIELD LANE 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 68 SPRINGFIELD LANE 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
2020 2 JUL	£192,500	£340,789	44% below HPI
2004 4 OCT	£139,995	£225,257	38% below HPI
1997 7 JUL	£48,000	£80,540	40% below HPI
1995 17 AUG	£40,000	£75,269	47% below HPI

68 SPRINGFIELD LANE 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 68 SPRINGFIELD LANE sales between August 1995 and July 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 October 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 68 SPRINGFIELD LANE?

68 SPRINGFIELD LANE is 86m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 68 SPRINGFIELD LANE lies on this distribution: 20% of detached houses are smaller than 68 SPRINGFIELD LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

68 SPRINGFIELD LANE: Plot and Title Map

68 SPRINGFIELD LANE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 68 SPRINGFIELD 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 68 SPRINGFIELD 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 68 SPRINGFIELD LANE?

68 SPRINGFIELD LANE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 68 on SPRINGFIELD LANE.