OAKLANDS, CONSTITUTION HILL, IPSWICH, IP1 3RW - £625,000

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

OAKLANDS is a very large extended detached house of 237m², built sometime between 1950 and 1966. It was last sold for £625,000 in September 2023, which was around 55% above the average September 2023 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three OAKLANDS 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 4 SEP	£625,000	£404,374	55% above HPI
2006 13 MAR	£275,000	£220,816	25% above HPI
1996 31 MAY	£120,000	£69,208	73% above HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three OAKLANDS sales between May 1996 and September 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 March 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 237m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where OAKLANDS lies on this distribution: 95% of detached houses are smaller than OAKLANDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.283 of an acre, or 1,146m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on CONSTITUTION HILL in IPSWICH, in the IP1 postcode district. The below map shows the position of OAKLANDS on CONSTITUTION HILL.