THE CHESTNUTS, HALL ROAD, KESGRAVE, IPSWICH, IP5 2QN - £860,000

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

THE CHESTNUTS is a very large detached house of 342m², built sometime between 1991 and 1995. It was last sold for £860,000 in May 2017, which was around 159% above the average May 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was D.

THE CHESTNUTS Sold Prices

Land registry data shows two sales for THE CHESTNUTS 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 THE CHESTNUTS 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
2017 10 MAY	£860,000	£331,801	159% above HPI
2004 21 JAN	£348,000	£201,094	73% above HPI

THE CHESTNUTS 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 THE CHESTNUTS sales from January 2004 and May 2017 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 January 2004 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the May 2017 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 342m² according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where THE CHESTNUTS lies on this distribution: More than 99% of detached houses are smaller than THE CHESTNUTS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 1.1 acres, or 4,624m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on HALL ROAD in KESGRAVE, in the IP5 postcode district. The below map shows the position of THE CHESTNUTS on HALL ROAD.