REDCOTE, IPSWICH ROAD, HOLBROOK, IPSWICH, IP9 2QT - £335,000

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

REDCOTE is a small extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £335,000 in February 2024, which was around 29% below the average February 2024 detached price in the Babergh local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

REDCOTE Sold Prices

Land registry data shows two sales for REDCOTE 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 REDCOTE sales was for below the average price, whilst the other 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
2024 2 FEB	£335,000	£473,153	29% below HPI
2001 19 APR	£160,000	£140,520	14% above HPI

REDCOTE 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 REDCOTE sales from April 2001 and February 2024 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is REDCOTE?

REDCOTE is 110m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Holbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Holbrook, and where REDCOTE lies on this distribution: 25% of detached houses are smaller than REDCOTE, and 75% of houses are larger. Note that EPC data is not available for all properties in Holbrook.

REDCOTE: Plot and Title Map

REDCOTE sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of REDCOTE, 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 REDCOTE). 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 REDCOTE?

REDCOTE is located on IPSWICH ROAD in HOLBROOK, in the IP9 postcode district. The below map shows the position of REDCOTE on IPSWICH ROAD.