JUBILEE BUNGALOW, GROVE HILL, BELSTEAD, IPSWICH, IP8 3LU - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

JUBILEE BUNGALOW is a small extended detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £279,534. It was last sold for £215,000 in August 2016, which was around 42% below the average August 2016 detached price in the Babergh local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

JUBILEE BUNGALOW Sold Prices

Land registry data shows two sales for JUBILEE BUNGALOW 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. Both of the two JUBILEE BUNGALOW sales were 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
2016 5 AUG	£215,000	£372,213	42% below HPI
2005 11 FEB	£240,000	£261,788	8% below HPI

JUBILEE BUNGALOW 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 JUBILEE BUNGALOW sales from February 2005 and August 2016 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 February 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2016 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might JUBILEE BUNGALOW be worth now?

JUBILEE BUNGALOW might now be worth an estimated £279,534.

This is based on house price inflation of 30%, between August 2016 and December 2024, 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 30% inflationary increase is applied to the most recent sale price for JUBILEE BUNGALOW of £215,000 on 5th August 2016. For the value to have increased from £215,000 to £279,534 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of JUBILEE BUNGALOW has moved in line with the HPI for detached houses in the Babergh local authority area.
• The August 2016 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of JUBILEE BUNGALOW has not materially changed since August 2016.

How Large is JUBILEE BUNGALOW?

JUBILEE BUNGALOW is 103m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses houses in Belstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belstead, and where JUBILEE BUNGALOW lies on this distribution: 34% of detached houses houses are smaller than JUBILEE BUNGALOW, and 66% of houses are larger. Note that EPC data is not available for all properties in Belstead.

JUBILEE BUNGALOW: Plot and Title Map

JUBILEE BUNGALOW sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of JUBILEE BUNGALOW, 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 JUBILEE BUNGALOW). 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 JUBILEE BUNGALOW?

JUBILEE BUNGALOW is located on GROVE HILL in BELSTEAD, in the IP8 postcode district. The below map shows the position of JUBILEE BUNGALOW on GROVE HILL.