GREENWOOD, WHATFIELD ROAD, ELMSETT, IPSWICH, IP7 6LT - £660,000

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

GREENWOOD is a midsized detached house of 138m², built sometime between 1950 and 1966. It was last sold for £660,000 in December 2023, which was around 36% above the average December 2023 detached price in the Babergh local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

GREENWOOD Sold Prices

Land registry data shows two sales for GREENWOOD 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. One of the two GREENWOOD sales was for above the average price, whilst the other was 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
2023 14 DEC	£660,000	£486,762	36% above HPI
2022 7 JAN	£315,000	£463,767	32% below HPI

GREENWOOD 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 GREENWOOD sales from January 2022 and December 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 2022 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2023 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is GREENWOOD?

GREENWOOD is 138m² according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses in Elmsett, based on EPC data. The below chart shows the distribution of detached houses by size in Elmsett, and where GREENWOOD lies on this distribution: 55% of detached houses are smaller than GREENWOOD, and 45% of houses are larger. Note that EPC data is not available for all properties in Elmsett.

GREENWOOD: Plot and Title Map

GREENWOOD sits on a plot of roughly 0.251 of an acre, or 1,014m². The below map shows the location of GREENWOOD, 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 GREENWOOD). 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 GREENWOOD?

GREENWOOD is located on WHATFIELD ROAD in ELMSETT, in the IP7 postcode district. The below map shows the position of GREENWOOD on WHATFIELD ROAD.