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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GIG HOUSE is a very large extended detached house of 202m², built sometime before 1900. It was last sold for £670,000 in July 2023, which was around 38% 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	£484,949	38% above HPI
2016 26 JAN	£580,000	£362,372	60% above HPI
2006 23 AUG	£460,000	£261,344	76% 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 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2023 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

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 in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hadleigh, and where GIG HOUSE lies on this distribution: 97% of detached 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.