7, READE ROAD, HOLBROOK, IPSWICH, IP9 2QL - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 READE ROAD is a small detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £431,604. It was last sold for £430,000 in February 2022, which was around 11% below the average February 2022 detached price in the Babergh local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

7 READE ROAD Sold Prices

Land registry data shows three sales for 7 READE ROAD 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. The three 7 READE ROAD sales were a mix of below the average price, and roughly equal to 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
2022 28 FEB	£430,000	£482,138	11% below HPI
2012 27 MAR	£267,000	£290,966	8% below HPI
2001 13 JUN	£149,500	£149,070	Close to HPI

7 READE ROAD 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 READE ROAD sales between June 2001 and February 2022 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 March 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 READE ROAD be worth now?

7 READE ROAD might now be worth an estimated £431,604.

This is based on house price inflation of 0.4%, between February 2022 and December 2024, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for 7 READE ROAD of £430,000 on 28th February 2022. For the value to have increased from £430,000 to £431,604 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 7 READE ROAD has moved in line with the HPI for detached houses in the Babergh local authority area.
• The February 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 7 READE ROAD has not materially changed since February 2022.

How Large is 7 READE ROAD?

7 READE ROAD is 113m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses houses in Holbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbrook, and where 7 READE ROAD lies on this distribution: 27% of detached houses houses are smaller than 7 READE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Holbrook.

7 READE ROAD: Plot and Title Map

7 READE ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 7 READE 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 7 READE 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 7 READE ROAD?

7 READE ROAD is located in HOLBROOK, in the IP9 postcode district. The below map shows the position of No. 7 on READE ROAD.