7, THE WOOLNOUGHS, KESGRAVE, IPSWICH, IP5 2FD - £274,000

7 THE WOOLNOUGHS is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £274,000 in September 2018, which was around 23% below the average September 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

7 THE WOOLNOUGHS Sold Prices

Land registry data shows three sales for 7 THE WOOLNOUGHS 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 7 THE WOOLNOUGHS 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
2018 28 SEP	£274,000	£357,710	23% below HPI
2002 3 MAY	£128,000	£153,113	16% below HPI
1997 22 AUG	£66,500	£83,677	21% below HPI

7 THE WOOLNOUGHS 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 7 THE WOOLNOUGHS sales between August 1997 and September 2018 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 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 THE WOOLNOUGHS?

7 THE WOOLNOUGHS is 66m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 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 7 THE WOOLNOUGHS lies on this distribution: 4% of detached houses are smaller than 7 THE WOOLNOUGHS, and 96% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

7 THE WOOLNOUGHS: Plot and Title Map

7 THE WOOLNOUGHS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 7 THE WOOLNOUGHS, 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 THE WOOLNOUGHS). 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 THE WOOLNOUGHS?

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