CORNERWAYS, GROVE HILL, BELSTEAD, IPSWICH, IP8 3LS - £320,000

CORNERWAYS is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £320,000 in October 2014, which was about the average October 2014 detached price in the Babergh local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. The three CORNERWAYS sales were a mix of roughly equal to the average price, and above 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
2014 9 OCT	£320,000	£320,452	Close to HPI
2011 27 JUL	£284,000	£282,188	1% above HPI
2005 29 JUN	£265,000	£249,406	6% above HPI

CORNERWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three CORNERWAYS sales between June 2005 and October 2014 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 July 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 83m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Belstead, based on EPC data. The below chart shows the distribution of detached houses by size in Belstead, and where CORNERWAYS lies on this distribution: 6% of detached houses are smaller than CORNERWAYS, and 91% of houses are larger. Note that EPC data is not available for all properties in Belstead.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.393 of an acre, or 1,591m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on GROVE HILL in BELSTEAD, in the IP8 postcode district. The below map shows the position of CORNERWAYS on GROVE HILL.