GIG HOUSE, CORAM STREET, HADLEIGH, IPSWICH, IP7 5NP - £670,000

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.

GIG HOUSE is a very large extended detached house of 202m², built sometime before 1900, which could now be worth an estimated £661,421. It was last sold for £670,000 in July 2023, which was around 35% above the average July 2023 detached price in the Babergh local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

GIG HOUSE Sold Prices

Land registry data shows three sales for GIG HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three GIG HOUSE 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
2023 14 JUL	£670,000	£495,864	35% above HPI
2016 26 JAN	£580,000	£370,528	57% above HPI
2006 23 AUG	£460,000	£267,226	72% above HPI

GIG HOUSE 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 three GIG HOUSE sales between August 2006 and July 2023 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 2016 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the July 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might GIG HOUSE be worth now?

GIG HOUSE might now be worth an estimated £661,421.

This is based on house price deflation of 1.3%, between July 2023 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 1.3% deflationary decrease is applied to the most recent sale price for GIG HOUSE of £670,000 on 14th July 2023. For the value to have decreased from £670,000 to £661,421 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of GIG HOUSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The July 2023 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of GIG HOUSE has not materially changed since July 2023.

How Large is GIG HOUSE?

GIG HOUSE is 202m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hadleigh, and where GIG HOUSE lies on this distribution: 96% of detached houses houses are smaller than GIG HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.

GIG HOUSE: Plot and Title Map

GIG HOUSE sits on a plot of roughly 0.350 of an acre, or 1,416m². The below map shows the location of GIG HOUSE, 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 GIG HOUSE). 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 GIG HOUSE?

GIG HOUSE is located on CORAM STREET in HADLEIGH, in the IP7 postcode district. The below map shows the position of GIG HOUSE on CORAM STREET.