8, SPRINGTAIL ROAD, PINEWOOD, IPSWICH, IP8 3UA - £229,000

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

8 SPRINGTAIL ROAD is a large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £229,000 in April 2015, which was around 30% below the average April 2015 detached price in the Babergh local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

8 SPRINGTAIL ROAD Sold Prices

Land registry data shows two sales for 8 SPRINGTAIL ROAD 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 SPRINGTAIL 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
2015 30 APR	£229,000	£326,811	30% below HPI
2001 23 NOV	£130,145	£168,251	23% below HPI

8 SPRINGTAIL 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 two 8 SPRINGTAIL ROAD sales from November 2001 and April 2015 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 November 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 SPRINGTAIL ROAD?

8 SPRINGTAIL ROAD is 132m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 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 8 SPRINGTAIL ROAD lies on this distribution: 68% of detached houses are smaller than 8 SPRINGTAIL ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 SPRINGTAIL ROAD: Plot and Title Map

8 SPRINGTAIL ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 8 SPRINGTAIL 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 8 SPRINGTAIL 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 8 SPRINGTAIL ROAD?

8 SPRINGTAIL ROAD is located in PINEWOOD, in the IP8 postcode district. The below map shows the position of No. 8 on SPRINGTAIL ROAD.