1A, SPRINGFIELD LANE, IPSWICH, IP1 4EL - £220,000

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.

1A SPRINGFIELD LANE is a midsized extended semi-detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £309,497. It was last sold for £220,000 in December 2015, which was around 21% above the average December 2015 semi-detached price in the Ipswich local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

1A SPRINGFIELD LANE Sold Prices

Land registry data shows two sales for 1A SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 1A SPRINGFIELD 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
2015 22 DEC	£220,000	£181,291	21% above HPI
2006 21 APR	£180,000	£144,080	25% above HPI

1A SPRINGFIELD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 1A SPRINGFIELD LANE sales from April 2006 and December 2015 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 April 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2015 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1A SPRINGFIELD LANE be worth now?

1A SPRINGFIELD LANE might now be worth an estimated £309,497.

This is based on house price inflation of 40.7%, between December 2015 and June 2025, for semi-detached 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 40.7% inflationary increase is applied to the most recent sale price for 1A SPRINGFIELD LANE of £220,000 on 22nd December 2015. For the value to have increased from £220,000 to £309,497 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 1A SPRINGFIELD LANE has moved in line with the HPI for semi-detached houses in the Ipswich local authority area.
• The December 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1A SPRINGFIELD LANE has not materially changed since December 2015.

How Large is 1A SPRINGFIELD LANE?

1A SPRINGFIELD LANE is 112m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of semi-detached houses houses in Ipswich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ipswich, and where 1A SPRINGFIELD LANE lies on this distribution: 49% of semi-detached houses houses are smaller than 1A SPRINGFIELD LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

1A SPRINGFIELD LANE: Plot and Title Map

1A SPRINGFIELD LANE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 1A SPRINGFIELD 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 1A SPRINGFIELD 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 1A SPRINGFIELD LANE?

1A SPRINGFIELD LANE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 1A on SPRINGFIELD LANE.