SPRINGLEA, CHURCH LANE, PLAYFORD, IPSWICH, IP6 9DR - £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

SPRINGLEA is a large extended detached house of 182m², built sometime between 1967 and 1975. It was last sold for £625,000 in November 2021, which was around 55% above the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was C.

SPRINGLEA Sold Prices

Land registry data shows two sales for SPRINGLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two SPRINGLEA 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 23 NOV	£625,000	£402,968	55% above HPI
2013 13 MAY	£391,500	£251,653	56% above HPI

SPRINGLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two SPRINGLEA sales from May 2013 and November 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 May 2013 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2021 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is SPRINGLEA?

SPRINGLEA is 182m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Playford, based on EPC data. The below chart shows the distribution of detached houses by size in Playford, and where SPRINGLEA lies on this distribution: 68% of detached houses are smaller than SPRINGLEA, and 32% of houses are larger. Note that EPC data is not available for all properties in Playford.

SPRINGLEA: Plot and Title Map

SPRINGLEA sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of SPRINGLEA, 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 SPRINGLEA). 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 SPRINGLEA?

SPRINGLEA is located on CHURCH LANE in PLAYFORD, in the IP6 postcode district. The below map shows the position of SPRINGLEA on CHURCH LANE.