88A, GROVE LANE, IPSWICH, IP4 1NY - £210,000

88A GROVE LANE is a very small extended detached house of 54m², built sometime between 1996 and 2002. It was last sold for £210,000 in July 2022, which was around 49% below the average July 2022 detached price in the Ipswich local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

88A GROVE LANE Sold Prices

Land registry data shows five sales for 88A GROVE 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 Ipswich local authority area for the corresponding sale date. All of the five 88A GROVE 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 13 JUL	£210,000	£411,966	49% below HPI
2019 12 APR	£160,000	£343,403	53% below HPI
2012 14 DEC	£123,500	£230,339	46% below HPI
2009 29 MAY	£118,000	£195,678	40% below HPI
2002 3 MAY	£92,500	£157,095	41% below HPI

88A GROVE LANE 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 88A GROVE LANE sales between May 2002 and July 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 April 2019 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 88A GROVE LANE?

88A GROVE LANE is 54m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Ipswich, based on EPC data. The below chart shows the distribution of detached houses by size in Ipswich, and where 88A GROVE LANE lies on this distribution: 1% of detached houses are smaller than 88A GROVE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ipswich.

88A GROVE LANE: Plot and Title Map

88A GROVE LANE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 88A GROVE 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 88A GROVE 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 88A GROVE LANE?

88A GROVE LANE is located in IPSWICH, in the IP4 postcode district. The below map shows the position of No. 88A on GROVE LANE.