3, KNIGHTS LANE, KESGRAVE, IPSWICH, IP5 2FS - £300,000

3 KNIGHTS LANE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £300,000 in February 2022, which was around 27% below the average February 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 KNIGHTS LANE Sold Prices

Land registry data shows seven sales for 3 KNIGHTS LANE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the seven 3 KNIGHTS 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
2022 21 FEB	£300,000	£408,224	27% below HPI
2017 20 DEC	£266,000	£342,166	22% below HPI
2017 14 DEC	£260,000	£342,166	24% below HPI
2014 3 OCT	£201,000	£288,072	30% below HPI
2006 26 OCT	£171,000	£237,560	28% below HPI
2002 6 DEC	£126,000	£175,252	28% below HPI
1995 28 APR	£67,500	£76,374	12% below HPI

3 KNIGHTS 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 seven 3 KNIGHTS LANE sales between April 1995 and February 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 December 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 KNIGHTS LANE?

3 KNIGHTS LANE is 75m² according to the EPC inspection conducted in October 2021. 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 3 KNIGHTS LANE lies on this distribution: 13% of detached houses are smaller than 3 KNIGHTS LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

3 KNIGHTS LANE: Plot and Title Map

3 KNIGHTS LANE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 3 KNIGHTS 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 3 KNIGHTS 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 3 KNIGHTS LANE?

3 KNIGHTS LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 3 on KNIGHTS LANE.