3, WHEATFIELDS, WHATFIELD, IPSWICH, IP7 6RB - £248,500

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.

3 WHEATFIELDS is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £417,405. It was last sold for £248,500 in October 2012, which was around 15% below the average October 2012 detached price in the Babergh local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

3 WHEATFIELDS Sold Prices

Land registry data shows two sales for 3 WHEATFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 3 WHEATFIELDS 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
2012 15 OCT	£248,500	£291,430	15% below HPI
2007 7 FEB	£239,995	£286,153	16% below HPI

3 WHEATFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 3 WHEATFIELDS sales from February 2007 and October 2012 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2012 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 WHEATFIELDS be worth now?

3 WHEATFIELDS might now be worth an estimated £417,405.

This is based on house price inflation of 68%, between October 2012 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68% inflationary increase is applied to the most recent sale price for 3 WHEATFIELDS of £248,500 on 15th October 2012. For the value to have increased from £248,500 to £417,405 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 WHEATFIELDS has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2012 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEATFIELDS has not materially changed since October 2012.

How Large is 3 WHEATFIELDS?

3 WHEATFIELDS is 85m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses houses in Whatfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whatfield, and where 3 WHEATFIELDS lies on this distribution: 9% of detached houses houses are smaller than 3 WHEATFIELDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Whatfield.

3 WHEATFIELDS: Plot and Title Map

3 WHEATFIELDS sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 3 WHEATFIELDS, 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 WHEATFIELDS). 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 WHEATFIELDS?

3 WHEATFIELDS is located in WHATFIELD, in the IP7 postcode district. The below map shows the position of No. 3 on WHEATFIELDS.