2, HARES CLOSE, KESGRAVE, IPSWICH, IP5 2EZ - £431,000

2 HARES CLOSE is a very large extended detached house of 165m², built sometime from 2007 onwards. It was last sold for £431,000 in August 2018, which was around 20% above the average August 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

2 HARES CLOSE Sold Prices

Land registry data shows two sales for 2 HARES CLOSE 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 2 HARES CLOSE 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
2018 21 AUG	£431,000	£357,858	20% above HPI
2012 14 DEC	£319,000	£246,975	29% above HPI

2 HARES 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 two 2 HARES CLOSE sales from December 2012 and August 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 December 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2018 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 HARES CLOSE?

2 HARES CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 10% 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 HARES CLOSE lies on this distribution: 90% of detached houses are smaller than 2 HARES CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 HARES CLOSE: Plot and Title Map

2 HARES CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 HARES 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 HARES 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 HARES CLOSE?

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