124, LAVENHAM ROAD, IPSWICH, IP2 0LD - £225,000

124 LAVENHAM ROAD is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £225,000 in March 2018, which was around 32% below the average March 2018 detached price in the Ipswich local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

124 LAVENHAM ROAD Sold Prices

Land registry data shows six sales for 124 LAVENHAM ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the six 124 LAVENHAM ROAD 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
2018 23 MAR	£225,000	£332,310	32% below HPI
2008 21 APR	£168,000	£243,923	31% below HPI
2006 31 MAR	£148,000	£220,816	33% below HPI
2002 11 APR	£109,000	£150,385	28% below HPI
2000 23 OCT	£85,500	£122,270	30% below HPI
1998 9 OCT	£66,000	£88,681	26% below HPI

124 LAVENHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The six 124 LAVENHAM ROAD sales between October 1998 and March 2018 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 April 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 124 LAVENHAM ROAD?

124 LAVENHAM ROAD is 72m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 124 LAVENHAM ROAD lies on this distribution: 7% of detached houses are smaller than 124 LAVENHAM ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

124 LAVENHAM ROAD: Plot and Title Map

124 LAVENHAM ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 124 LAVENHAM 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 124 LAVENHAM 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 124 LAVENHAM ROAD?

124 LAVENHAM ROAD is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 124 on LAVENHAM ROAD.