7, FLETCHERS LANE, KESGRAVE, IPSWICH, IP5 2XY - £355,000

7 FLETCHERS LANE is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £355,000 in October 2022, which was around 19% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

7 FLETCHERS LANE Sold Prices

Land registry data shows four sales for 7 FLETCHERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 7 FLETCHERS 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
2022 7 OCT	£355,000	£439,897	19% below HPI
2007 17 NOV	£203,500	£270,679	25% below HPI
2002 19 JUL	£139,500	£158,620	12% below HPI
1999 25 JUN	£82,000	£93,324	12% below HPI

7 FLETCHERS 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 four 7 FLETCHERS LANE sales between June 1999 and October 2022 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 FLETCHERS LANE?

7 FLETCHERS LANE is 90m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% 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 FLETCHERS LANE lies on this distribution: 25% of detached houses are smaller than 7 FLETCHERS LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

7 FLETCHERS LANE: Plot and Title Map

7 FLETCHERS LANE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 FLETCHERS 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 FLETCHERS 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 FLETCHERS LANE?

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