7, ELMERS LANE, KESGRAVE, IPSWICH, IP5 2GW - £325,000

7 ELMERS LANE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £325,000 in September 2021, which was around 14% below the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

7 ELMERS LANE Sold Prices

Land registry data shows two sales for 7 ELMERS 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 East Suffolk local authority area for the corresponding sale date. One of the two 7 ELMERS LANE sales was for below the average price, whilst the other was 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
2021 10 SEP	£325,000	£378,972	14% below HPI
1996 3 MAY	£95,750	£74,229	29% above HPI

7 ELMERS 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 two 7 ELMERS LANE sales from May 1996 and September 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 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 ELMERS LANE?

7 ELMERS LANE is 119m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses in Kesgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Kesgrave, and where 7 ELMERS LANE lies on this distribution: 56% of detached houses are smaller than 7 ELMERS LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

7 ELMERS LANE: Plot and Title Map

7 ELMERS LANE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 7 ELMERS 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 7 ELMERS 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 7 ELMERS LANE?

7 ELMERS LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 7 on ELMERS LANE.