7, BROAD MEADOW, IPSWICH, IP8 3SP - £280,000

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

7 BROAD MEADOW is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £280,000 in September 2016, which was around 25% below the average September 2016 detached price in the Babergh local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

7 BROAD MEADOW Sold Prices

Land registry data shows three sales for 7 BROAD MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 7 BROAD MEADOW 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 2 SEP	£280,000	£371,054	25% below HPI
2009 11 SEP	£205,000	£253,024	19% below HPI
2005 1 APR	£193,000	£247,001	22% below HPI

7 BROAD MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 7 BROAD MEADOW sales between April 2005 and September 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 September 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 BROAD MEADOW?

7 BROAD MEADOW is 100m² according to the EPC inspection conducted in April 2009. 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 7 BROAD MEADOW lies on this distribution: 36% of detached houses are smaller than 7 BROAD MEADOW, and 64% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

7 BROAD MEADOW: Plot and Title Map

7 BROAD MEADOW sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 BROAD MEADOW, 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 7 BROAD MEADOW). 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 7 BROAD MEADOW?

7 BROAD MEADOW is located in IPSWICH, in the IP8 postcode district. The below map shows the position of No. 7 on BROAD MEADOW.