GIPPING LODGE, THE STREET, BRAMFORD, IPSWICH, IP8 4EA - £315,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

GIPPING LODGE is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £315,000 in September 2015, which was around 1% above the average September 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

GIPPING LODGE Sold Prices

Land registry data shows two sales for GIPPING 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 Mid Suffolk local authority area for the corresponding sale date. Both of the two GIPPING 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
2015 25 SEP	£315,000	£310,485	1% above HPI
2003 31 OCT	£218,000	£210,805	3% above HPI

GIPPING LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two GIPPING LODGE sales from October 2003 and September 2015 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 October 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is GIPPING LODGE?

GIPPING LODGE is 108m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses in Bramford, based on EPC data. The below chart shows the distribution of detached houses by size in Bramford, and where GIPPING LODGE lies on this distribution: 49% of detached houses are smaller than GIPPING LODGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bramford.

GIPPING LODGE: Plot and Title Map

GIPPING LODGE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of GIPPING 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 GIPPING 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 GIPPING LODGE?

GIPPING LODGE is located on THE STREET in BRAMFORD, in the IP8 postcode district. The below map shows the position of GIPPING LODGE on THE STREET.