11, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £325,000

11 WRIGHT LANE is a large extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £325,000 in February 2017, which was around 1% below the average February 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

11 WRIGHT LANE Sold Prices

Land registry data shows three sales for 11 WRIGHT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 11 WRIGHT LANE sales were for below the average price, whilst one 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
2017 27 FEB	£325,000	£329,544	1% below HPI
2008 6 AUG	£230,000	£250,776	8% below HPI
2000 8 SEP	£126,910	£119,747	6% above HPI

11 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 three 11 WRIGHT LANE sales between September 2000 and February 2017 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 August 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 11 WRIGHT LANE?

11 WRIGHT LANE is 125m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 11 WRIGHT LANE lies on this distribution: 63% of detached houses are smaller than 11 WRIGHT LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

11 WRIGHT LANE: Plot and Title Map

11 WRIGHT LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 11 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 11 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 11 WRIGHT LANE?

11 WRIGHT LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 11 on WRIGHT LANE.