2, LEE ROAD, IPSWICH, IP3 0PX - £495,000

2 LEE ROAD is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £495,000 in October 2022, which was around 18% above the average October 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 LEE ROAD Sold Prices

Land registry data shows two sales for 2 LEE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. One of the two 2 LEE ROAD sales was for above the average price, whilst the other was 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
2022 13 OCT	£495,000	£420,122	18% above HPI
2016 14 OCT	£247,500	£316,072	22% below HPI

2 LEE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 2 LEE ROAD sales from October 2016 and October 2022 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 October 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 LEE ROAD?

2 LEE ROAD is 152m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 2 LEE ROAD lies on this distribution: 79% of detached houses are smaller than 2 LEE ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

2 LEE ROAD: Plot and Title Map

2 LEE ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 2 LEE ROAD, 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 LEE ROAD). 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 LEE ROAD?

2 LEE ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 2 on LEE ROAD.