VARISELLA, GROVE HILL, BELSTEAD, IPSWICH, IP8 3LU - £375,000

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

VARISELLA is a midsized detached house of 130m², built sometime between 1983 and 1990. It was last sold for £375,000 in May 2015, which was around 12% above the average May 2015 detached price in the Babergh local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

VARISELLA Sold Prices

Land registry data shows two sales for VARISELLA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. One of the two VARISELLA sales was for above the average price, whilst the other was 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
2015 8 MAY	£375,000	£336,065	12% above HPI
2012 16 MAR	£280,000	£284,561	2% below HPI

VARISELLA 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 two VARISELLA sales from March 2012 and May 2015 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 March 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is VARISELLA?

VARISELLA is 130m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 50% of detached houses in Belstead, based on EPC data. The below chart shows the distribution of detached houses by size in Belstead, and where VARISELLA lies on this distribution: 44% of detached houses are smaller than VARISELLA, and 56% of houses are larger. Note that EPC data is not available for all properties in Belstead.

VARISELLA: Plot and Title Map

VARISELLA sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of VARISELLA, 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 VARISELLA). 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 VARISELLA?

VARISELLA is located on GROVE HILL in BELSTEAD, in the IP8 postcode district. The below map shows the position of VARISELLA on GROVE HILL.