2, GRANGE CLOSE, KESGRAVE, IPSWICH, IP5 2QJ - £330,000

2 GRANGE CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £330,000 in March 2018, which was around 3% below the average March 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 2 GRANGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The three 2 GRANGE CLOSE sales were a mix of below the average price, and roughly equal to 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
2018 2 MAR	£330,000	£339,832	3% below HPI
2011 23 MAY	£250,000	£250,557	Close to HPI
2003 20 NOV	£145,000	£200,274	28% below HPI

2 GRANGE CLOSE 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 three 2 GRANGE CLOSE sales between November 2003 and March 2018 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 May 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 GRANGE CLOSE?

2 GRANGE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 2 GRANGE CLOSE lies on this distribution: 28% of detached houses are smaller than 2 GRANGE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 GRANGE CLOSE: Plot and Title Map

2 GRANGE CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 2 GRANGE CLOSE, 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 2 GRANGE CLOSE). 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 2 GRANGE CLOSE?

2 GRANGE CLOSE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 2 on GRANGE CLOSE.