298, SPRING ROAD, IPSWICH, IP4 5NL - £50,000

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.

298 SPRING ROAD is a very small extended terraced house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £187,330. It was last sold for £50,000 in May 2000, which was around 7% below the average May 2000 terraced price in the Ipswich local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

298 SPRING ROAD Sold Prices

Land registry data shows two sales for 298 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. One of the two 298 SPRING ROAD sales was for below the average price, whilst the other was 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
2000 25 MAY	£50,000	£53,606	7% below HPI
1998 16 OCT	£43,000	£41,705	3% above HPI

298 SPRING ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ipswich local authority area over time, sourced from the HPI. The two 298 SPRING ROAD sales from October 1998 and May 2000 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2000 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 298 SPRING ROAD be worth now?

298 SPRING ROAD might now be worth an estimated £187,330.

This is based on house price inflation of 274.7%, between May 2000 and April 2026, for terraced houses, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 274.7% inflationary increase is applied to the most recent sale price for 298 SPRING ROAD of £50,000 on 25th May 2000. For the value to have increased from £50,000 to £187,330 over the 26 years and one month to April 2026, the following assumptions must hold true:

• The value of 298 SPRING ROAD has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The May 2000 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 298 SPRING ROAD has not materially changed since May 2000.

How Large is 298 SPRING ROAD?

298 SPRING ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of terraced houses houses in Ipswich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ipswich, and where 298 SPRING ROAD lies on this distribution: 20% of terraced houses houses are smaller than 298 SPRING ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

298 SPRING ROAD: Plot and Title Map

298 SPRING ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 298 SPRING 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 298 SPRING 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 298 SPRING ROAD?

298 SPRING ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 298 on SPRING ROAD.