CARR NAZE, ESTUARY ROAD, SHOTLEY GATE, IPSWICH, IP9 1PZ - £317,000

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.

CARR NAZE is a very large extended detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £363,958. It was last sold for £317,000 in January 2020, which was around 26% below the average January 2020 detached price in the Babergh local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

CARR NAZE Sold Prices

Land registry data shows two sales for CARR NAZE 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 CARR NAZE 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
2020 31 JAN	£317,000	£426,358	26% below HPI
2015 24 NOV	£275,000	£352,551	22% below HPI

CARR NAZE 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 CARR NAZE sales from November 2015 and January 2020 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might CARR NAZE be worth now?

CARR NAZE might now be worth an estimated £363,958.

This is based on house price inflation of 14.8%, between January 2020 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for CARR NAZE of £317,000 on 31st January 2020. For the value to have increased from £317,000 to £363,958 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of CARR NAZE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The January 2020 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of CARR NAZE has not materially changed since January 2020.

How Large is CARR NAZE?

CARR NAZE is 143m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses houses in Shotley Gate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shotley Gate, and where CARR NAZE lies on this distribution: 86% of detached houses houses are smaller than CARR NAZE, and 14% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

CARR NAZE: Plot and Title Map

CARR NAZE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of CARR NAZE, 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 CARR NAZE). 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 CARR NAZE?

CARR NAZE is located on ESTUARY ROAD in SHOTLEY GATE, in the IP9 postcode district. The below map shows the position of CARR NAZE on ESTUARY ROAD.