8, WRIGHT LANE, KESGRAVE, IPSWICH, IP5 2FA - £327,500

8 WRIGHT LANE is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £327,500 in November 2017, which was around 5% below the average November 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

8 WRIGHT LANE Sold Prices

Land registry data shows five sales for 8 WRIGHT LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the five 8 WRIGHT 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
2017 3 NOV	£327,500	£344,483	5% below HPI
2015 27 MAR	£294,000	£284,526	3% above HPI
2010 26 MAR	£225,000	£252,600	11% below HPI
2004 9 AUG	£199,000	£220,909	10% below HPI
2000 18 AUG	£118,000	£118,997	1% below HPI

8 WRIGHT 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 five 8 WRIGHT LANE sales between August 2000 and November 2017 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 March 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 WRIGHT LANE?

8 WRIGHT LANE is 112m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 8 WRIGHT LANE lies on this distribution: 49% of detached houses are smaller than 8 WRIGHT LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Kesgrave.

8 WRIGHT LANE: Plot and Title Map

8 WRIGHT LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 8 WRIGHT 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 8 WRIGHT 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 8 WRIGHT LANE?

8 WRIGHT LANE is located in KESGRAVE, in the IP5 postcode district. The below map shows the position of No. 8 on WRIGHT LANE.