20, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £290,000

20 WRIGHT LANE is a small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £290,000 in May 2019, which was around 15% below the average May 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

20 WRIGHT LANE Sold Prices

Land registry data shows three sales for 20 WRIGHT LANE 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 20 WRIGHT LANE 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
2019 30 MAY	£290,000	£340,002	15% below HPI
2013 18 OCT	£195,000	£266,648	27% below HPI
2009 26 MAY	£165,000	£223,526	26% below HPI

20 WRIGHT LANE 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 20 WRIGHT LANE sales between May 2009 and May 2019 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 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 20 WRIGHT LANE?

20 WRIGHT LANE is 84m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 20 WRIGHT LANE lies on this distribution: 20% of detached houses are smaller than 20 WRIGHT LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

20 WRIGHT LANE: Plot and Title Map

20 WRIGHT LANE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 20 WRIGHT LANE, 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 20 WRIGHT LANE). 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 20 WRIGHT LANE?

20 WRIGHT LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 20 on WRIGHT LANE.