18, PENNY LANE, PURDIS FARM, IPSWICH, IP3 8UX - £220,000

18 PENNY LANE is a large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £220,000 in December 2011, which was around 14% below the average December 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

18 PENNY LANE Sold Prices

Land registry data shows two sales for 18 PENNY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 18 PENNY LANE 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
2011 14 DEC	£220,000	£257,082	14% below HPI
2005 28 JUN	£202,000	£216,267	7% below HPI

18 PENNY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 18 PENNY LANE sales from June 2005 and December 2011 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 June 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 PENNY LANE?

18 PENNY LANE is 129m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 18 PENNY LANE lies on this distribution: 66% of detached houses are smaller than 18 PENNY LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

18 PENNY LANE: Plot and Title Map

18 PENNY LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 18 PENNY LANE, 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 PENNY LANE). 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 PENNY LANE?

18 PENNY LANE is located in PURDIS FARM, in the IP3 postcode district. The below map shows the position of No. 18 on PENNY LANE.