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

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

CARR NAZE is a very large extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £317,000 in January 2020, which was around 24% 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	£416,973	24% below HPI
2015 24 NOV	£275,000	£344,791	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Shotley Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Shotley Gate, and where CARR NAZE lies on this distribution: 85% of detached houses are smaller than CARR NAZE, and 15% 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.