39, SPRINGFIELD LANE, IPSWICH, IP1 4EW - £220,000

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.

39 SPRINGFIELD LANE is a small extended terraced house of 96m², built sometime between 1900 and 1929, which could now be worth an estimated £230,194. It was last sold for £220,000 in August 2021, which was around 14% above the average August 2021 terraced price in the Ipswich local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

39 SPRINGFIELD LANE Sold Prices

Land registry data shows four sales for 39 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. Most of the four 39 SPRINGFIELD LANE 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 2 AUG	£220,000	£192,289	14% above HPI
2013 2 AUG	£117,500	£123,116	5% below HPI
2005 19 AUG	£129,995	£114,952	13% above HPI
2001 4 MAY	£74,950	£60,122	25% above HPI

39 SPRINGFIELD LANE 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 four 39 SPRINGFIELD LANE sales between May 2001 and August 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 August 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 39 SPRINGFIELD LANE be worth now?

39 SPRINGFIELD LANE might now be worth an estimated £230,194.

This is based on house price inflation of 4.6%, between August 2021 and June 2025, 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 4.6% inflationary increase is applied to the most recent sale price for 39 SPRINGFIELD LANE of £220,000 on 2nd August 2021. For the value to have increased from £220,000 to £230,194 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 39 SPRINGFIELD LANE has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The August 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SPRINGFIELD LANE has not materially changed since August 2021.

How Large is 39 SPRINGFIELD LANE?

39 SPRINGFIELD LANE is 96m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% 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 39 SPRINGFIELD LANE lies on this distribution: 30% of terraced houses houses are smaller than 39 SPRINGFIELD LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

39 SPRINGFIELD LANE: Plot and Title Map

39 SPRINGFIELD LANE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 39 SPRINGFIELD 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 39 SPRINGFIELD 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 39 SPRINGFIELD LANE?

39 SPRINGFIELD LANE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 39 on SPRINGFIELD LANE.