6, BACK LANE, CLAYDON, IPSWICH, IP6 0EB - £425,000

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.

6 BACK LANE is a very small detached house of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £483,445. It was last sold for £425,000 in June 2021, which was around 8% above the average June 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

6 BACK LANE Sold Prices

Land registry data shows two sales for 6 BACK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two 6 BACK LANE sales was for above the average price, whilst the other 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 28 JUN	£425,000	£394,155	8% above HPI
2018 8 MAY	£210,000	£376,860	44% below HPI

6 BACK 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 two 6 BACK LANE sales from May 2018 and June 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 May 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 6 BACK LANE be worth now?

6 BACK LANE might now be worth an estimated £483,445.

This is based on house price inflation of 13.8%, between June 2021 and June 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 6 BACK LANE of £425,000 on 28th June 2021. For the value to have increased from £425,000 to £483,445 over the four years to June 2025, the following assumptions must hold true:

• The value of 6 BACK LANE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BACK LANE has not materially changed since June 2021.

How Large is 6 BACK LANE?

6 BACK LANE is 52m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Claydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Claydon, and where 6 BACK LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 6 BACK LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Claydon.

6 BACK LANE: Plot and Title Map

6 BACK LANE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 6 BACK 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 6 BACK 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 6 BACK LANE?

6 BACK LANE is located in CLAYDON, in the IP6 postcode district. The below map shows the position of No. 6 on BACK LANE.