9, CASTLE LANE, OFFTON, IPSWICH, IP8 4RH - £450,000

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

9 CASTLE LANE is a small detached house of 124m², built sometime from 2007 onwards. It was last sold for £450,000 in March 2022, which was around 7% above the average March 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

9 CASTLE LANE Sold Prices

Land registry data shows three sales for 9 CASTLE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 9 CASTLE LANE 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
2022 11 MAR	£450,000	£421,851	7% above HPI
2012 26 OCT	£278,000	£254,725	9% above HPI
2010 27 AUG	£275,000	£260,185	6% above HPI

9 CASTLE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 9 CASTLE LANE sales between August 2010 and March 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 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 9 CASTLE LANE?

9 CASTLE LANE is 124m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Offton, based on EPC data. The below chart shows the distribution of detached houses by size in Offton, and where 9 CASTLE LANE lies on this distribution: 30% of detached houses are smaller than 9 CASTLE LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Offton.

9 CASTLE LANE: Plot and Title Map

9 CASTLE LANE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 9 CASTLE LANE, 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 9 CASTLE LANE). 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 9 CASTLE LANE?

9 CASTLE LANE is located in OFFTON, in the IP8 postcode district. The below map shows the position of No. 9 on CASTLE LANE.