59, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £400,000

59 WRIGHT LANE is a very large extended detached house of 150m², built sometime between 1996 and 2002. It was last sold for £400,000 in May 2019, which was around 18% above the average May 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

59 WRIGHT LANE Sold Prices

Land registry data shows three sales for 59 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. All of the three 59 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
2019 23 MAY	£400,000	£340,002	18% above HPI
2011 9 NOV	£320,000	£252,566	27% above HPI
1997 24 JAN	£112,000	£78,341	43% above HPI

59 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 59 WRIGHT LANE sales between January 1997 and May 2019 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2019 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 59 WRIGHT LANE?

59 WRIGHT LANE is 150m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 59 WRIGHT LANE lies on this distribution: 80% of detached houses are smaller than 59 WRIGHT LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

59 WRIGHT LANE: Plot and Title Map

59 WRIGHT LANE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 59 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 59 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 59 WRIGHT LANE?

59 WRIGHT LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 59 on WRIGHT LANE.