SPINDRIFT, ESTUARY CRESCENT, SHOTLEY GATE, IPSWICH, IP9 1QA - £390,000

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

SPINDRIFT is a large extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £390,000 in August 2023, which was around 20% below the average August 2023 detached price in the Babergh local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

SPINDRIFT Sold Prices

Land registry data shows three sales for SPINDRIFT 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. All of the three SPINDRIFT 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
2023 11 AUG	£390,000	£485,146	20% below HPI
2010 15 FEB	£210,000	£272,084	23% below HPI
2002 18 DEC	£174,000	£198,842	12% below HPI

SPINDRIFT 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 SPINDRIFT sales between December 2002 and August 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 February 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 117m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 40% 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 SPINDRIFT lies on this distribution: 67% of detached houses are smaller than SPINDRIFT, and 32% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

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