18, NEWLANDS, ELMSETT, IPSWICH, IP7 6NZ - £237,000

18 NEWLANDS is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £237,000 in September 2012, which was around 19% below the average September 2012 detached price in the Babergh local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

18 NEWLANDS Sold Prices

Land registry data shows two sales for 18 NEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 18 NEWLANDS 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
2012 11 SEP	£237,000	£291,902	19% below HPI
2006 20 NOV	£239,000	£274,127	13% below HPI

18 NEWLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 18 NEWLANDS sales from November 2006 and September 2012 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 November 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 NEWLANDS?

18 NEWLANDS is 70m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses in Elmsett, based on EPC data. The below chart shows the distribution of detached houses by size in Elmsett, and where 18 NEWLANDS lies on this distribution: 5% of detached houses are smaller than 18 NEWLANDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Elmsett.

18 NEWLANDS: Plot and Title Map

18 NEWLANDS sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of 18 NEWLANDS, 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 18 NEWLANDS). 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 18 NEWLANDS?

18 NEWLANDS is located in ELMSETT, in the IP7 postcode district. The below map shows the position of No. 18 on NEWLANDS.