29, ALBERTA CLOSE, KESGRAVE, IPSWICH, IP5 1HS - £285,000

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.

29 ALBERTA CLOSE is a very small extended terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £280,649. It was last sold for £285,000 in June 2022, which was around 33% above the average June 2022 terraced price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

29 ALBERTA CLOSE Sold Prices

Land registry data shows three sales for 29 ALBERTA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 29 ALBERTA CLOSE 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
2022 14 JUN	£285,000	£213,531	33% above HPI
2011 10 JUN	£179,995	£124,511	45% above HPI
2007 1 JUN	£160,000	£128,131	25% above HPI

29 ALBERTA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The three 29 ALBERTA CLOSE sales between June 2007 and June 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 June 2011 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2022 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 29 ALBERTA CLOSE be worth now?

29 ALBERTA CLOSE might now be worth an estimated £280,649.

This is based on house price deflation of 1.5%, between June 2022 and June 2025, for terraced 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 1.5% deflationary decrease is applied to the most recent sale price for 29 ALBERTA CLOSE of £285,000 on 14th June 2022. For the value to have decreased from £285,000 to £280,649 over the three years to June 2025, the following assumptions must hold true:

• The value of 29 ALBERTA CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The June 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 29 ALBERTA CLOSE has not materially changed since June 2022.

How Large is 29 ALBERTA CLOSE?

29 ALBERTA CLOSE is 71m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of terraced houses houses in Kesgrave, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kesgrave, and where 29 ALBERTA CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 29 ALBERTA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

29 ALBERTA CLOSE: Plot and Title Map

29 ALBERTA CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 29 ALBERTA CLOSE, 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 29 ALBERTA CLOSE). 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 29 ALBERTA CLOSE?

29 ALBERTA CLOSE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 29 on ALBERTA CLOSE.