24, PENZANCE ROAD, KESGRAVE, IPSWICH, IP5 1JS - £300,000

24 PENZANCE ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £300,000 in January 2021, which was around 20% below the average January 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was B.

24 PENZANCE ROAD Sold Prices

Land registry data shows two sales for 24 PENZANCE 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 East Suffolk local authority area for the corresponding sale date. Both of the two 24 PENZANCE ROAD 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
2021 6 JAN	£300,000	£373,856	20% below HPI
2018 23 NOV	£272,000	£357,827	24% below HPI

24 PENZANCE ROAD 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 24 PENZANCE ROAD sales from November 2018 and January 2021 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 November 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 24 PENZANCE ROAD?

24 PENZANCE ROAD is 77m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 24 PENZANCE ROAD lies on this distribution: 14% of detached houses are smaller than 24 PENZANCE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

24 PENZANCE ROAD: Plot and Title Map

24 PENZANCE ROAD sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 24 PENZANCE 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 24 PENZANCE 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 24 PENZANCE ROAD?

24 PENZANCE ROAD is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 24 on PENZANCE ROAD.