WATERS REACH, MAIN ROAD, SHOTLEY GATE, IPSWICH, IP9 1PP - £234,000

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

WATERS REACH is a very large detached house of 165m², built sometime between 1967 and 1975. It was last sold for £234,000 in October 2012, which was around 18% below the average October 2012 detached price in the Babergh local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

WATERS REACH Sold Prices

Land registry data shows two sales for WATERS REACH 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 WATERS REACH sales was for below the average price, whilst the other was 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
2012 31 OCT	£234,000	£285,015	18% below HPI
2000 21 JUL	£135,000	£129,602	4% above HPI

WATERS REACH 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 WATERS REACH sales from July 2000 and October 2012 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 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is WATERS REACH?

WATERS REACH is 165m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses in Shotley Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Shotley Gate, and where WATERS REACH lies on this distribution: 93% of detached houses are smaller than WATERS REACH, and 7% of houses are larger. Note that EPC data is not available for all properties in Shotley Gate.

WATERS REACH: Plot and Title Map

WATERS REACH sits on a plot of roughly 0.227 of an acre, or 920m². The below map shows the location of WATERS REACH, 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 WATERS REACH). 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 WATERS REACH?

WATERS REACH is located on MAIN ROAD in SHOTLEY GATE, in the IP9 postcode district. The below map shows the position of WATERS REACH on MAIN ROAD.