7, LUMMIS VALE, KESGRAVE, IPSWICH, IP5 2FJ - £395,000

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 LUMMIS VALE is a very large extended detached house of 194m², built sometime between 1996 and 2002. It was last sold for £395,000 in September 2016, which was around 23% above the average September 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

7 LUMMIS VALE Sold Prices

Land registry data shows two sales for 7 LUMMIS VALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 7 LUMMIS VALE sales were 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 23 SEP	£395,000	£322,227	23% above HPI
2002 14 JUN	£182,500	£156,145	17% above HPI

7 LUMMIS VALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 7 LUMMIS VALE sales from June 2002 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 June 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 7 LUMMIS VALE?

7 LUMMIS VALE is 194m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 7 LUMMIS VALE lies on this distribution: 96% of detached houses are smaller than 7 LUMMIS VALE, and 4% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

7 LUMMIS VALE: Plot and Title Map

7 LUMMIS VALE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 7 LUMMIS VALE, 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 LUMMIS VALE). 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 LUMMIS VALE?

7 LUMMIS VALE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 7 on LUMMIS VALE.