321, SPRING ROAD, IPSWICH, IP4 5NA - £200,000

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.

321 SPRING ROAD is a very small extended terraced house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £210,039. It was last sold for £200,000 in September 2021, which was around 5% above the average September 2021 terraced price in the Ipswich local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

321 SPRING ROAD Sold Prices

Land registry data shows five sales for 321 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. All of the five 321 SPRING ROAD 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
2021 29 SEP	£200,000	£191,241	5% above HPI
2019 12 SEP	£185,500	£175,237	6% above HPI
2010 14 JAN	£124,000	£116,365	7% above HPI
2004 9 JUL	£117,500	£109,635	7% above HPI
1996 11 OCT	£46,000	£35,532	29% above HPI

321 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 five 321 SPRING ROAD sales between October 1996 and September 2021 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 September 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 321 SPRING ROAD be worth now?

321 SPRING ROAD might now be worth an estimated £210,039.

This is based on house price inflation of 5%, between September 2021 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 5% inflationary increase is applied to the most recent sale price for 321 SPRING ROAD of £200,000 on 29th September 2021. For the value to have increased from £200,000 to £210,039 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 321 SPRING ROAD has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The September 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 321 SPRING ROAD has not materially changed since September 2021.

How Large is 321 SPRING ROAD?

321 SPRING ROAD is 69m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 321 SPRING ROAD lies on this distribution: 5% of terraced houses houses are smaller than 321 SPRING ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

321 SPRING ROAD: Plot and Title Map

321 SPRING ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 321 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 321 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 321 SPRING ROAD?

321 SPRING ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 321 on SPRING ROAD.