51, SHIP LANE, BRAMFORD, IPSWICH, IP8 4AR - £225,000

51 SHIP LANE is a small extended detached house of 96m², built sometime between 1900 and 1929. It was last sold for £225,000 in January 2021, which was around 44% below the average January 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was A.

51 SHIP LANE Sold Prices

Land registry data shows three sales for 51 SHIP LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 51 SHIP LANE 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
2021 14 JAN	£225,000	£400,344	44% below HPI
2011 15 NOV	£144,000	£255,251	44% below HPI
2007 14 SEP	£179,000	£272,042	34% below HPI

51 SHIP LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 51 SHIP LANE sales between September 2007 and January 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 November 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2021 sale, which was also at 44% below the HPI.

How Large is 51 SHIP LANE?

51 SHIP LANE is 96m², which includes three extensions, according to the EPC inspection conducted in November 2019. 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 51 SHIP LANE lies on this distribution: 31% of detached houses are smaller than 51 SHIP LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

51 SHIP LANE: Plot and Title Map

51 SHIP LANE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 51 SHIP 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 51 SHIP 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 51 SHIP LANE?

51 SHIP LANE is located in BRAMFORD, in the IP8 postcode district. The below map shows the position of No. 51 on SHIP LANE.