716, OLD NORWICH ROAD, IPSWICH, IP1 6LB - £193,000

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

716 OLD NORWICH ROAD is a large detached house of 131m², built sometime before 1900, which could now be worth an estimated £336,962. It was last sold for £193,000 in March 2012, which was around 14% below the average March 2012 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

716 OLD NORWICH ROAD Sold Prices

Land registry data shows four sales for 716 OLD NORWICH 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 716 OLD NORWICH 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
2012 2 MAR	£193,000	£225,031	14% below HPI
2008 16 MAY	£235,000	£245,375	4% below HPI
2002 31 MAY	£144,000	£159,944	10% below HPI
1998 11 SEP	£12,000	£90,592	87% below HPI

716 OLD NORWICH 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 716 OLD NORWICH ROAD sales between September 1998 and March 2012 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 May 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 716 OLD NORWICH ROAD be worth now?

716 OLD NORWICH ROAD might now be worth an estimated £336,962.

This is based on house price inflation of 74.6%, between March 2012 and December 2024, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.6% inflationary increase is applied to the most recent sale price for 716 OLD NORWICH ROAD of £193,000 on 2nd March 2012. For the value to have increased from £193,000 to £336,962 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 716 OLD NORWICH ROAD has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The March 2012 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 716 OLD NORWICH ROAD has not materially changed since March 2012.

How Large is 716 OLD NORWICH ROAD?

716 OLD NORWICH ROAD is 131m² according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where 716 OLD NORWICH ROAD lies on this distribution: 67% of detached houses houses are smaller than 716 OLD NORWICH ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

716 OLD NORWICH ROAD: Plot and Title Map

716 OLD NORWICH ROAD sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 716 OLD NORWICH 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 716 OLD NORWICH 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 716 OLD NORWICH ROAD?

716 OLD NORWICH ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 716 on OLD NORWICH ROAD.