55, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £526,000

55 WRIGHT LANE is a very large extended detached house of 165m², built sometime between 1996 and 2002. It was last sold for £526,000 in November 2021, which was around 31% above the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was C.

55 WRIGHT LANE Sold Prices

Land registry data shows three sales for 55 WRIGHT 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 East Suffolk local authority area for the corresponding sale date. Two of the three 55 WRIGHT LANE sales were for above the average price, whilst one was 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 4 NOV	£526,000	£402,968	31% above HPI
2007 8 NOV	£350,000	£270,679	29% above HPI
1996 20 SEP	£40,000	£74,696	46% below HPI

55 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 three 55 WRIGHT LANE sales between September 1996 and November 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 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 55 WRIGHT LANE?

55 WRIGHT LANE is 165m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 55 WRIGHT LANE lies on this distribution: 90% of detached houses are smaller than 55 WRIGHT LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

55 WRIGHT LANE: Plot and Title Map

55 WRIGHT LANE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 55 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 55 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 55 WRIGHT LANE?

55 WRIGHT LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 55 on WRIGHT LANE.