13, GIPPING WAY, SPROUGHTON, IPSWICH, IP8 3BE - £285,000

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.

13 GIPPING WAY is a very small semi-detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £297,425. It was last sold for £285,000 in February 2022, which was around 6% below the average February 2022 semi-detached price in the Babergh local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was D.

13 GIPPING WAY Sold Prices

Land registry data shows three sales for 13 GIPPING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Babergh local authority area for the corresponding sale date. All of the three 13 GIPPING WAY 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
2022 18 FEB	£285,000	£302,785	6% below HPI
2009 17 JUL	£140,000	£161,713	13% below HPI
2004 10 NOV	£139,995	£166,160	16% below HPI

13 GIPPING WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Babergh local authority area over time, sourced from the HPI. The three 13 GIPPING WAY sales between November 2004 and February 2022 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 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 13 GIPPING WAY be worth now?

13 GIPPING WAY might now be worth an estimated £297,425.

This is based on house price inflation of 4.4%, between February 2022 and February 2025, for semi-detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for 13 GIPPING WAY of £285,000 on 18th February 2022. For the value to have increased from £285,000 to £297,425 over the three years to February 2025, the following assumptions must hold true:

• The value of 13 GIPPING WAY has moved in line with the HPI for semi-detached houses in the Babergh local authority area.
• The February 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 13 GIPPING WAY has not materially changed since February 2022.

How Large is 13 GIPPING WAY?

13 GIPPING WAY is 58m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of semi-detached houses houses in Sproughton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sproughton, and where 13 GIPPING WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 13 GIPPING WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sproughton.

13 GIPPING WAY: Plot and Title Map

13 GIPPING WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 13 GIPPING WAY, 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 13 GIPPING WAY). 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 13 GIPPING WAY?

13 GIPPING WAY is located in SPROUGHTON, in the IP8 postcode district. The below map shows the position of No. 13 on GIPPING WAY.