2, PEART GROVE, KESGRAVE, IPSWICH, IP5 2FY - £300,000

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.

2 PEART GROVE is a midsized detached house of 119m², built sometime between 2003 and 2006, which could now be worth an estimated £482,107. It was last sold for £300,000 in August 2013, which was around 14% above the average August 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2 PEART GROVE Sold Prices

Land registry data shows three sales for 2 PEART GROVE 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. All of the three 2 PEART GROVE 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
2013 9 AUG	£300,000	£263,248	14% above HPI
2012 27 JAN	£273,000	£260,177	5% above HPI
2006 27 JAN	£249,950	£222,398	12% above HPI

2 PEART GROVE 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 PEART GROVE sales between January 2006 and August 2013 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 January 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2013 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 PEART GROVE be worth now?

2 PEART GROVE might now be worth an estimated £482,107.

This is based on house price inflation of 60.7%, between August 2013 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.7% inflationary increase is applied to the most recent sale price for 2 PEART GROVE of £300,000 on 9th August 2013. For the value to have increased from £300,000 to £482,107 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 2 PEART GROVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2013 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEART GROVE has not materially changed since August 2013.

How Large is 2 PEART GROVE?

2 PEART GROVE is 119m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kesgrave, and where 2 PEART GROVE lies on this distribution: 56% of detached houses houses are smaller than 2 PEART GROVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

2 PEART GROVE: Plot and Title Map

2 PEART GROVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 PEART GROVE, 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 PEART GROVE). 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 PEART GROVE?

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