SPRINGCROFT, WHIGHTS CORNER, WASHBROOK, IPSWICH, IP8 3LB - £800,000

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

SPRINGCROFT is a very large extended detached house of 154m², built sometime between 1900 and 1929. It was last sold for £800,000 in September 2021, which was around 82% above the average September 2021 detached price in the Babergh local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

SPRINGCROFT Sold Prices

Land registry data shows three sales for SPRINGCROFT 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 SPRINGCROFT 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
2021 22 SEP	£800,000	£439,825	82% above HPI
2007 31 JUL	£475,000	£289,102	64% above HPI
1999 22 NOV	£175,000	£121,077	45% above HPI

SPRINGCROFT 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 SPRINGCROFT sales between November 1999 and September 2021 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 July 2007 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is SPRINGCROFT?

SPRINGCROFT is 154m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses in Washbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Washbrook, and where SPRINGCROFT lies on this distribution: 88% of detached houses are smaller than SPRINGCROFT, and 12% of houses are larger. Note that EPC data is not available for all properties in Washbrook.

SPRINGCROFT: Plot and Title Map

SPRINGCROFT sits on a plot of roughly 2.1 acres, or 8,532m². The below map shows the location of SPRINGCROFT, 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 SPRINGCROFT). 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 SPRINGCROFT?

SPRINGCROFT is located on WHIGHTS CORNER in WASHBROOK, in the IP8 postcode district. The below map shows the position of SPRINGCROFT on WHIGHTS CORNER.