1, GRANGE CLOSE, KESGRAVE, IPSWICH, IP5 2QJ - £225,000

1 GRANGE CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £225,000 in April 2015, which was around 22% below the average April 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was C.

1 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 1 GRANGE CLOSE 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 1 GRANGE CLOSE 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
2015 17 APR	£225,000	£286,842	22% below HPI
2009 31 JUL	£165,000	£226,587	27% below HPI

1 GRANGE CLOSE 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 1 GRANGE CLOSE sales from July 2009 and April 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 July 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 GRANGE CLOSE?

1 GRANGE CLOSE is 84m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 1 GRANGE CLOSE lies on this distribution: 20% of detached houses are smaller than 1 GRANGE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

1 GRANGE CLOSE: Plot and Title Map

1 GRANGE CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 GRANGE CLOSE, 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 1 GRANGE CLOSE). 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 1 GRANGE CLOSE?

1 GRANGE CLOSE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 1 on GRANGE CLOSE.