4, LOWER STREET, SPROUGHTON, IPSWICH, IP8 3AA - £240,000

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.

4 LOWER STREET is a very small terraced house of 73m², built sometime before 1900, which could now be worth an estimated £257,960. It was last sold for £240,000 in October 2021, which was around 7% above the average October 2021 terraced price in the Babergh local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

4 LOWER STREET Sold Prices

Land registry data shows three sales for 4 LOWER STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. All of the three 4 LOWER STREET 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 5 OCT	£240,000	£223,400	7% above HPI
2017 20 SEP	£210,000	£202,758	4% above HPI
1998 22 MAY	£63,000	£47,774	32% above HPI

4 LOWER STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Babergh local authority area over time, sourced from the HPI. The three 4 LOWER STREET sales between May 1998 and October 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 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 LOWER STREET be worth now?

4 LOWER STREET might now be worth an estimated £257,960.

This is based on house price inflation of 7.5%, between October 2021 and March 2026, for terraced 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 7.5% inflationary increase is applied to the most recent sale price for 4 LOWER STREET of £240,000 on 5th October 2021. For the value to have increased from £240,000 to £257,960 over the five years and seven months to March 2026, the following assumptions must hold true:

• The value of 4 LOWER STREET has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The October 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LOWER STREET has not materially changed since October 2021.

How Large is 4 LOWER STREET?

4 LOWER STREET is 73m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of terraced houses houses in Sproughton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sproughton, and where 4 LOWER STREET lies on this distribution: 5% of terraced houses houses are smaller than 4 LOWER STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Sproughton.

4 LOWER STREET: Plot and Title Map

4 LOWER STREET sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 4 LOWER STREET, 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 4 LOWER STREET). 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 4 LOWER STREET?

4 LOWER STREET is located in SPROUGHTON, in the IP8 postcode district. The below map shows the position of No. 4 on LOWER STREET.