45, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £415,000

45 WRIGHT LANE is a very large detached house of 160m², built sometime between 1991 and 1995. It was last sold for £415,000 in August 2020, which was around 14% above the average August 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

45 WRIGHT LANE Sold Prices

Land registry data shows two sales for 45 WRIGHT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 45 WRIGHT 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
2020 14 AUG	£415,000	£362,585	14% above HPI
2007 15 JUN	£321,500	£245,338	31% above HPI

45 WRIGHT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 45 WRIGHT LANE sales from June 2007 and August 2020 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 June 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 45 WRIGHT LANE?

45 WRIGHT LANE is 160m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 45 WRIGHT LANE lies on this distribution: 87% of detached houses are smaller than 45 WRIGHT LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

45 WRIGHT LANE: Plot and Title Map

45 WRIGHT LANE sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of 45 WRIGHT 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 45 WRIGHT 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 45 WRIGHT LANE?

45 WRIGHT LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 45 on WRIGHT LANE.