2, HOWARDS WAY, KESGRAVE, IPSWICH, IP5 2XN - £265,000

2 HOWARDS WAY is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £265,000 in September 2016, which was around 18% below the average September 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

2 HOWARDS WAY Sold Prices

Land registry data shows four sales for 2 HOWARDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 2 HOWARDS WAY 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
2016 13 SEP	£265,000	£322,227	18% below HPI
2007 14 DEC	£220,000	£265,534	17% below HPI
2007 2 FEB	£197,000	£243,229	19% below HPI
1996 6 DEC	£78,950	£77,874	1% above HPI

2 HOWARDS WAY 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 four 2 HOWARDS WAY sales between December 1996 and September 2016 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 HOWARDS WAY?

2 HOWARDS WAY is 68m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 HOWARDS WAY lies on this distribution: 6% of detached houses are smaller than 2 HOWARDS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 HOWARDS WAY: Plot and Title Map

2 HOWARDS WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 HOWARDS WAY, 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 HOWARDS WAY). 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 HOWARDS WAY?

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