8, KITCHENER WAY, SHOTLEY GATE, IPSWICH, IP9 1RW - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 KITCHENER WAY is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £330,000 in June 2022, which was around 30% below the average June 2022 detached price in the Babergh local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

8 KITCHENER WAY Sold Prices

Land registry data shows two sales for 8 KITCHENER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 8 KITCHENER WAY 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
2022 15 JUN	£330,000	£472,519	30% below HPI
2016 11 OCT	£250,000	£374,069	33% below HPI

8 KITCHENER WAY 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 two 8 KITCHENER WAY sales from October 2016 and June 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 October 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 KITCHENER WAY?

8 KITCHENER WAY is 86m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Shotley Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Shotley Gate, and where 8 KITCHENER WAY lies on this distribution: 20% of detached houses are smaller than 8 KITCHENER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

8 KITCHENER WAY: Plot and Title Map

8 KITCHENER WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 8 KITCHENER WAY, 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 8 KITCHENER WAY). 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 8 KITCHENER WAY?

8 KITCHENER WAY is located in SHOTLEY GATE, in the IP9 postcode district. The below map shows the position of No. 8 on KITCHENER WAY.