8, LUTHER ROAD, IPSWICH, IP2 8BL - £325,000

8 LUTHER ROAD is a midsized detached house of 111m². It was last sold for £325,000 in February 2021, which was around 11% below the average February 2021 detached price in the Ipswich local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was B.

8 LUTHER ROAD Sold Prices

Land registry data shows five sales for 8 LUTHER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ipswich local authority area for the corresponding sale date. All of the five 8 LUTHER 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
2021 26 FEB	£325,000	£364,926	11% below HPI
2018 11 OCT	£40,000	£345,010	88% below HPI
2017 15 JUN	£14,000	£321,252	96% below HPI
2004 31 AUG	£150,000	£219,731	32% below HPI
2002 5 DEC	£80,000	£181,081	56% below HPI

8 LUTHER 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 five 8 LUTHER ROAD sales between December 2002 and February 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 October 2018 sale was for 88% below the HPI. So the extrapolation line tracks at 88% below the HPI over time, until the February 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 LUTHER ROAD?

8 LUTHER ROAD is 111m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 8 LUTHER ROAD lies on this distribution: 48% of detached houses are smaller than 8 LUTHER ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

8 LUTHER ROAD: Plot and Title Map

8 LUTHER ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 LUTHER 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 8 LUTHER 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 8 LUTHER ROAD?

8 LUTHER ROAD is located in IPSWICH, in the IP2 postcode district. The below map shows the position of No. 8 on LUTHER ROAD.