488, BRAMFORD LANE, IPSWICH, IP1 5JY - £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.

488 BRAMFORD LANE is a small extended terraced house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £228,060. It was last sold for £200,000 in August 2018, which was around 13% above the average August 2018 terraced price in the Ipswich local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

488 BRAMFORD LANE Sold Prices

Land registry data shows two sales for 488 BRAMFORD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ipswich local authority area for the corresponding sale date. Both of the two 488 BRAMFORD 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
2018 17 AUG	£200,000	£176,444	13% above HPI
2005 30 SEP	£117,500	£114,631	3% above HPI

488 BRAMFORD 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 two 488 BRAMFORD LANE sales from September 2005 and August 2018 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 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 488 BRAMFORD LANE be worth now?

488 BRAMFORD LANE might now be worth an estimated £228,060.

This is based on house price inflation of 14%, between August 2018 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 14% inflationary increase is applied to the most recent sale price for 488 BRAMFORD LANE of £200,000 on 17th August 2018. For the value to have increased from £200,000 to £228,060 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 488 BRAMFORD LANE has moved in line with the HPI for terraced houses in the Ipswich local authority area.
• The August 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 488 BRAMFORD LANE has not materially changed since August 2018.

How Large is 488 BRAMFORD LANE?

488 BRAMFORD LANE is 99m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 488 BRAMFORD LANE lies on this distribution: 34% of terraced houses houses are smaller than 488 BRAMFORD LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

488 BRAMFORD LANE: Plot and Title Map

488 BRAMFORD LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 488 BRAMFORD 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 488 BRAMFORD 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 488 BRAMFORD LANE?

488 BRAMFORD LANE is located in IPSWICH, in the IP1 postcode district. The below map shows the position of No. 488 on BRAMFORD LANE.