HINCKLEY, ESTUARY ROAD, SHOTLEY GATE, IPSWICH, IP9 1PZ - £187,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HINCKLEY is a midsized detached house of 105m², built sometime between 1950 and 1966. It was last sold for £187,000 in December 2003, which was around 15% below the average December 2003 detached price in the Babergh local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

HINCKLEY Sold Prices

Land registry data shows three sales for HINCKLEY 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. Two of the three HINCKLEY sales were for below the average price, whilst one was 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
2003 15 DEC	£187,000	£221,291	15% below HPI
2001 28 APR	£135,000	£140,520	4% below HPI
1996 11 OCT	£95,000	£87,073	9% above HPI

HINCKLEY 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 HINCKLEY sales between October 1996 and December 2003 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 April 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2003 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is HINCKLEY?

HINCKLEY is 105m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Shotley Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Shotley Gate, and where HINCKLEY lies on this distribution: 51% of detached houses are smaller than HINCKLEY, and 48% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

HINCKLEY: Plot and Title Map

HINCKLEY sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of HINCKLEY, 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 HINCKLEY). 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 HINCKLEY?

HINCKLEY is located on ESTUARY ROAD in SHOTLEY GATE, in the IP9 postcode district. The below map shows the position of HINCKLEY on ESTUARY ROAD.