CROFT LODGE, HADLEIGH ROAD, ELMSETT, IPSWICH, IP7 6ND - £420,000

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

CROFT LODGE is a small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £420,000 in June 2024, which was around 12% below the average June 2024 detached price in the Babergh local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

CROFT LODGE Sold Prices

Land registry data shows two sales for CROFT LODGE 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 CROFT LODGE 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
2024 17 JUN	£420,000	£475,930	12% below HPI
2019 18 JAN	£350,000	£409,962	15% below HPI

CROFT LODGE 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 CROFT LODGE sales from January 2019 and June 2024 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 January 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is CROFT LODGE?

CROFT LODGE is 112m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Elmsett, based on EPC data. The below chart shows the distribution of detached houses by size in Elmsett, and where CROFT LODGE lies on this distribution: 38% of detached houses are smaller than CROFT LODGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Elmsett.

CROFT LODGE: Plot and Title Map

CROFT LODGE sits on a plot of roughly 0.284 of an acre, or 1,151m². The below map shows the location of CROFT LODGE, 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 CROFT LODGE). 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 CROFT LODGE?

CROFT LODGE is located on HADLEIGH ROAD in ELMSETT, in the IP7 postcode district. The below map shows the position of CROFT LODGE on HADLEIGH ROAD.