71, MEDWAY ROAD, IPSWICH, IP3 0QH - £295,000

71 MEDWAY ROAD is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £295,000 in March 2022, which was around 27% below the average March 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

71 MEDWAY ROAD Sold Prices

Land registry data shows three sales for 71 MEDWAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the three 71 MEDWAY ROAD 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 3 MAR	£295,000	£401,980	27% below HPI
2013 16 MAY	£209,995	£227,477	8% below HPI
2006 19 DEC	£179,500	£241,642	26% below HPI

71 MEDWAY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ipswich local authority area over time, sourced from the HPI. The three 71 MEDWAY ROAD sales between December 2006 and March 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 May 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 71 MEDWAY ROAD?

71 MEDWAY ROAD is 93m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 71 MEDWAY ROAD lies on this distribution: 27% of detached houses are smaller than 71 MEDWAY ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

71 MEDWAY ROAD: Plot and Title Map

71 MEDWAY ROAD sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 71 MEDWAY ROAD, 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 71 MEDWAY ROAD). 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 71 MEDWAY ROAD?

71 MEDWAY ROAD is located in IPSWICH, in the IP3 postcode district. The below map shows the position of No. 71 on MEDWAY ROAD.