BRIARBANKS, CHURCH LANE, WESTERFIELD, IPSWICH, IP6 9BE - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BRIARBANKS is a small detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £625,284. It was last sold for £650,000 in September 2022, which was around 48% above the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was E.

BRIARBANKS Sold Prices

Land registry data shows two sales for BRIARBANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two BRIARBANKS 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 30 SEP	£650,000	£439,768	48% above HPI
2012 13 APR	£385,000	£247,884	55% above HPI

BRIARBANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two BRIARBANKS sales from April 2012 and September 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 April 2012 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2022 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might BRIARBANKS be worth now?

BRIARBANKS might now be worth an estimated £625,284.

This is based on house price deflation of 3.8%, between September 2022 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% deflationary decrease is applied to the most recent sale price for BRIARBANKS of £650,000 on 30th September 2022. For the value to have decreased from £650,000 to £625,284 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of BRIARBANKS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2022 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of BRIARBANKS has not materially changed since September 2022.

How Large is BRIARBANKS?

BRIARBANKS is 128m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses houses in Westerfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westerfield, and where BRIARBANKS lies on this distribution: 29% of detached houses houses are smaller than BRIARBANKS, and 71% of houses are larger. Note that EPC data is not available for all properties in Westerfield.

BRIARBANKS: Plot and Title Map

BRIARBANKS sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of BRIARBANKS, 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 BRIARBANKS). 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 BRIARBANKS?

BRIARBANKS is located on CHURCH LANE in WESTERFIELD, in the IP6 postcode district. The below map shows the position of BRIARBANKS on CHURCH LANE.