5, SPRING ROAD, IPSWICH, IP4 2RX - £250,000

5 SPRING ROAD is a small extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £250,000 in January 2022, which was around 36% below the average January 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

5 SPRING ROAD Sold Prices

Land registry data shows two sales for 5 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. Both of the two 5 SPRING ROAD sales were for below 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
2022 26 JAN	£250,000	£390,723	36% below HPI
1996 31 OCT	£46,500	£74,723	38% below HPI

5 SPRING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The two 5 SPRING ROAD sales from October 1996 and January 2022 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 October 1996 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 SPRING ROAD?

5 SPRING ROAD is 100m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 5 SPRING ROAD lies on this distribution: 35% of detached houses are smaller than 5 SPRING ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

5 SPRING ROAD: Plot and Title Map

5 SPRING ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 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 5 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 5 SPRING ROAD?

5 SPRING ROAD is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 5 on SPRING ROAD.