129, WALLACE ROAD, IPSWICH, IP1 5DD - £110,000

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.

129 WALLACE ROAD is a small extended terraced house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £164,299. It was last sold for £110,000 in July 2014, which was around 19% below the average July 2014 terraced price in the Ipswich local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

129 WALLACE ROAD Sold Prices

Land registry data shows three sales for 129 WALLACE 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. The three 129 WALLACE ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2014 11 JUL	£110,000	£136,430	19% below HPI
2005 27 MAY	£113,000	£112,719	Close to HPI
2001 21 SEP	£67,500	£64,498	5% above HPI

129 WALLACE 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 129 WALLACE ROAD sales between September 2001 and July 2014 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 May 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 129 WALLACE ROAD be worth now?

129 WALLACE ROAD might now be worth an estimated £164,299.

This is based on house price inflation of 49.4%, between July 2014 and May 2026, 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 49.4% inflationary increase is applied to the most recent sale price for 129 WALLACE ROAD of £110,000 on 11th July 2014. For the value to have increased from £110,000 to £164,299 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 129 WALLACE ROAD has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The July 2014 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 129 WALLACE ROAD has not materially changed since July 2014.

How Large is 129 WALLACE ROAD?

129 WALLACE ROAD is 89m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 129 WALLACE ROAD lies on this distribution: 23% of terraced houses houses are smaller than 129 WALLACE ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

129 WALLACE ROAD: Plot and Title Map

129 WALLACE ROAD sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 129 WALLACE 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 129 WALLACE 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 129 WALLACE ROAD?

129 WALLACE ROAD is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 129 on WALLACE ROAD.