3, LEE ROAD, IPSWICH, IP3 0PX - £310,000

3 LEE ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £310,000 in October 2019, which was around 9% below the average October 2019 detached price in the Ipswich local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 LEE ROAD Sold Prices

Land registry data shows three sales for 3 LEE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Two of the three 3 LEE ROAD sales were for below the average price, whilst one 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
2019 10 OCT	£310,000	£342,110	9% below HPI
2015 13 FEB	£270,000	£264,364	2% above HPI
2003 24 JAN	£179,950	£184,426	2% below HPI

3 LEE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 3 LEE ROAD sales between January 2003 and October 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 February 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 LEE ROAD?

3 LEE ROAD is 90m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 3 LEE ROAD lies on this distribution: 24% of detached houses are smaller than 3 LEE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

3 LEE ROAD: Plot and Title Map

3 LEE ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 LEE 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 3 LEE 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 3 LEE ROAD?

3 LEE ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 3 on LEE ROAD.