TOLLGATE LODGE, THE STREET, COPDOCK, IPSWICH, IP8 3HS - £240,000

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

TOLLGATE LODGE is a very small extended detached house of 55m², built sometime before 1900. It was last sold for £240,000 in November 2022, which was around 52% below the average November 2022 detached price in the Babergh local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was B.

TOLLGATE LODGE Sold Prices

Land registry data shows three sales for TOLLGATE LODGE 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 TOLLGATE LODGE 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
2022 7 NOV	£240,000	£497,701	52% below HPI
2004 24 JUN	£160,500	£231,306	31% below HPI
1996 28 JUN	£57,000	£83,016	31% below HPI

TOLLGATE LODGE 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 TOLLGATE LODGE sales between June 1996 and November 2022 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 June 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is TOLLGATE LODGE?

TOLLGATE LODGE is 55m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Washbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Washbrook, and where TOLLGATE LODGE lies on this distribution: Less than 1% of detached houses are smaller than TOLLGATE LODGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Washbrook.

TOLLGATE LODGE: Plot and Title Map

TOLLGATE LODGE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of TOLLGATE LODGE, 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 TOLLGATE LODGE). 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 TOLLGATE LODGE?

TOLLGATE LODGE is located on THE STREET in COPDOCK, in the IP8 postcode district. The below map shows the position of TOLLGATE LODGE on THE STREET.