115, CROMER ROAD, IPSWICH, IP1 5EP - £142,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

115 CROMER ROAD is a very small extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £203,436. It was last sold for £142,500 in June 2015, which was around 1% above the average June 2015 terraced price in the Ipswich local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

115 CROMER ROAD Sold Prices

Land registry data shows three sales for 115 CROMER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. One of the three 115 CROMER ROAD sales was for above the average price, whilst two 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 26 JUN	£142,500	£140,933	1% above HPI
2006 28 JUL	£115,000	£121,459	5% below HPI
1997 29 AUG	£36,500	£39,200	7% below HPI

115 CROMER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ipswich local authority area over time, sourced from the HPI. The three 115 CROMER ROAD sales between August 1997 and June 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 115 CROMER ROAD be worth now?

115 CROMER ROAD might now be worth an estimated £203,436.

This is based on house price inflation of 42.8%, between June 2015 and June 2025, for terraced houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.8% inflationary increase is applied to the most recent sale price for 115 CROMER ROAD of £142,500 on 26th June 2015. For the value to have increased from £142,500 to £203,436 over the ten years to June 2025, the following assumptions must hold true:

• The value of 115 CROMER ROAD has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The June 2015 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 115 CROMER ROAD has not materially changed since June 2015.

How Large is 115 CROMER ROAD?

115 CROMER ROAD is 82m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of terraced houses houses in Ipswich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ipswich, and where 115 CROMER ROAD lies on this distribution: 15% of terraced houses houses are smaller than 115 CROMER ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

115 CROMER ROAD: Plot and Title Map

115 CROMER ROAD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 115 CROMER ROAD, 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 115 CROMER ROAD). 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 115 CROMER ROAD?

115 CROMER ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 115 on CROMER ROAD.