18, SPALDING LANE, KESGRAVE, IPSWICH, IP5 2HB - £159,000

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.

18 SPALDING LANE is a very small terraced house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £270,140. It was last sold for £159,000 in July 2011, which was around 28% above the average July 2011 terraced price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

18 SPALDING LANE Sold Prices

Land registry data shows two sales for 18 SPALDING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 18 SPALDING LANE sales were for 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
2011 1 JUL	£159,000	£123,762	28% above HPI
2005 1 NOV	£148,000	£114,825	29% above HPI

18 SPALDING LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 18 SPALDING LANE sales from November 2005 and July 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 November 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2011 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 18 SPALDING LANE be worth now?

18 SPALDING LANE might now be worth an estimated £270,140.

This is based on house price inflation of 69.9%, between July 2011 and June 2025, for terraced houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.9% inflationary increase is applied to the most recent sale price for 18 SPALDING LANE of £159,000 on 1st July 2011. For the value to have increased from £159,000 to £270,140 over the fourteen years and one month to June 2025, the following assumptions must hold true:

• The value of 18 SPALDING LANE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The July 2011 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPALDING LANE has not materially changed since July 2011.

How Large is 18 SPALDING LANE?

18 SPALDING LANE is 74m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of terraced houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kesgrave, and where 18 SPALDING LANE lies on this distribution: 12% of terraced houses houses are smaller than 18 SPALDING LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

18 SPALDING LANE: Plot and Title Map

18 SPALDING LANE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 18 SPALDING 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 SPALDING 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 SPALDING LANE?

18 SPALDING LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 18 on SPALDING LANE.