PINE LODGE, GROVE HILL, BELSTEAD, IPSWICH, IP8 3LU - £675,000

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

PINE LODGE is a very large extended detached house of 237m², built sometime between 1983 and 1990, which could now be worth an estimated £1,222,399. It was last sold for £675,000 in August 2006, which was around 153% above the average August 2006 detached price in the Babergh local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

PINE LODGE Sold Prices

Land registry data shows two sales for PINE 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 Babergh local authority area for the corresponding sale date. Both of the two PINE 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
2006 31 AUG	£675,000	£267,226	153% above HPI
1999 17 AUG	£350,050	£112,724	211% above HPI

PINE LODGE 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 PINE LODGE sales from August 1999 and August 2006 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 August 1999 sale was for 211% above the HPI. So the extrapolation line tracks at 211% above the HPI over time, until the August 2006 sale, where it falls to 153% above the HPI. The line then continues to track at 153% above the HPI.

What might PINE LODGE be worth now?

PINE LODGE might now be worth an estimated £1,222,399.

This is based on house price inflation of 81.1%, between August 2006 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 81.1% inflationary increase is applied to the most recent sale price for PINE LODGE of £675,000 on 31st August 2006. For the value to have increased from £675,000 to £1,222,399 over the seventeen years and eight months to December 2024, the following assumptions must hold true:

• The value of PINE LODGE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The August 2006 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of PINE LODGE has not materially changed since August 2006.

How Large is PINE LODGE?

PINE LODGE is 237m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% 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 PINE LODGE lies on this distribution: 87% of detached houses houses are smaller than PINE LODGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Belstead.

PINE LODGE: Plot and Title Map

PINE LODGE sits on a plot of roughly 1.6 acres, or 6,534m². The below map shows the location of PINE 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 PINE 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 PINE LODGE?

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