1, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £433,000

1 WRIGHT LANE is a large extended detached house of 134m², built sometime between 1991 and 1995. It was last sold for £433,000 in September 2021, which was around 14% above the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was C.

1 WRIGHT LANE Sold Prices

Land registry data shows two sales for 1 WRIGHT LANE 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 WRIGHT LANE 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
2021 23 SEP	£433,000	£378,972	14% above HPI
2004 31 MAR	£215,000	£204,684	5% above HPI

1 WRIGHT LANE 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 WRIGHT LANE sales from March 2004 and September 2021 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 1 WRIGHT LANE?

1 WRIGHT LANE is 134m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% 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 WRIGHT LANE lies on this distribution: 71% of detached houses are smaller than 1 WRIGHT LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

1 WRIGHT LANE: Plot and Title Map

1 WRIGHT LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 1 WRIGHT LANE, 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 WRIGHT LANE). 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 WRIGHT LANE?

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