GAINSBOROUGH LODGE, BISHOPS HILL, IPSWICH, IP3 8EJ - £365,000

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.

GAINSBOROUGH LODGE is a very large detached house of 178m², built sometime between 1900 and 1929, which could now be worth an estimated £487,012. It was last sold for £365,000 in April 2016, which was around 22% above the average April 2016 detached price in the Ipswich local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.

GAINSBOROUGH LODGE Sold Prices

Land registry data shows two sales for GAINSBOROUGH 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 Ipswich local authority area for the corresponding sale date. Both of the two GAINSBOROUGH LODGE 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
2016 14 APR	£365,000	£298,173	22% above HPI
2006 17 MAR	£305,000	£224,820	36% above HPI

GAINSBOROUGH LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two GAINSBOROUGH LODGE sales from March 2006 and April 2016 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 March 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might GAINSBOROUGH LODGE be worth now?

GAINSBOROUGH LODGE might now be worth an estimated £487,012.

This is based on house price inflation of 33.4%, between April 2016 and February 2025, for detached houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for GAINSBOROUGH LODGE of £365,000 on 14th April 2016. For the value to have increased from £365,000 to £487,012 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of GAINSBOROUGH LODGE has moved in line with the HPI for detached houses in the Ipswich local authority area.
• The April 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of GAINSBOROUGH LODGE has not materially changed since April 2016.

How Large is GAINSBOROUGH LODGE?

GAINSBOROUGH LODGE is 178m² according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipswich, and where GAINSBOROUGH LODGE lies on this distribution: 87% of detached houses houses are smaller than GAINSBOROUGH LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

GAINSBOROUGH LODGE: Plot and Title Map

GAINSBOROUGH LODGE sits on a plot of roughly 0.192 of an acre, or 778m². The below map shows the location of GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH LODGE?

GAINSBOROUGH LODGE is located on BISHOPS HILL in IPSWICH, in the IP3 postcode district. The below map shows the position of GAINSBOROUGH LODGE on BISHOPS HILL.